IPG Investment Advisors LLC Reduces Holdings in iShares China Large-Cap ETF (NYSEARCA:FXI)

IPG Investment Advisors LLC reduced its position in iShares China Large-Cap ETF (NYSEARCA:FXI) by 26.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 9,783 shares of the exchange traded fund’s stock after selling 3,480 shares during the period. IPG Investment Advisors LLC’s holdings in iShares China Large-Cap ETF were worth $298,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Franklin Resources Inc. acquired a new stake in iShares China Large-Cap ETF during the 3rd quarter worth $31,000. HM Payson & Co. purchased a new stake in shares of iShares China Large-Cap ETF in the fourth quarter valued at about $30,000. Millstone Evans Group LLC purchased a new stake in shares of iShares China Large-Cap ETF in the fourth quarter valued at about $48,000. Union Bancaire Privee UBP SA acquired a new stake in shares of iShares China Large-Cap ETF during the fourth quarter worth about $61,000. Finally, Golden State Wealth Management LLC purchased a new position in shares of iShares China Large-Cap ETF during the fourth quarter worth about $71,000.

iShares China Large-Cap ETF Stock Down 2.3 %

Shares of FXI stock opened at $35.84 on Friday. The stock’s 50-day moving average price is $34.69 and its 200 day moving average price is $32.13. The stock has a market capitalization of $7.71 billion, a PE ratio of 10.75 and a beta of 0.33. iShares China Large-Cap ETF has a 52-week low of $23.62 and a 52-week high of $38.73.

iShares China Large-Cap ETF Profile

iShares China Large-Cap ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE China 25 Index (the Underlying Index). The Fund’s portfolio of sectors include Financials, Telecommunication, Oil & gas, Technology and Consumer goods.