iShares China Large-Cap ETF $FXI Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. boosted its stake in iShares China Large-Cap ETF (NYSEARCA:FXI) by 5,232.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 591,483 shares of the exchange traded fund’s stock after purchasing an additional 580,390 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares China Large-Cap ETF were worth $22,648,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the stock. Jefferies Financial Group Inc. increased its position in iShares China Large-Cap ETF by 3.5% in the third quarter. Jefferies Financial Group Inc. now owns 9,138 shares of the exchange traded fund’s stock worth $376,000 after buying an additional 312 shares during the period. Wilmington Savings Fund Society FSB increased its position in iShares China Large-Cap ETF by 7.3% in the third quarter. Wilmington Savings Fund Society FSB now owns 4,724 shares of the exchange traded fund’s stock worth $194,000 after buying an additional 321 shares during the period. Savvy Advisors Inc. increased its position in iShares China Large-Cap ETF by 4.1% in the fourth quarter. Savvy Advisors Inc. now owns 8,784 shares of the exchange traded fund’s stock worth $336,000 after buying an additional 346 shares during the period. Allworth Financial LP increased its position in iShares China Large-Cap ETF by 41.3% in the fourth quarter. Allworth Financial LP now owns 1,320 shares of the exchange traded fund’s stock worth $51,000 after buying an additional 386 shares during the period. Finally, Assetmark Inc. increased its position in iShares China Large-Cap ETF by 15.1% in the third quarter. Assetmark Inc. now owns 3,020 shares of the exchange traded fund’s stock worth $124,000 after buying an additional 397 shares during the period.

iShares China Large-Cap ETF Stock Performance

NYSEARCA:FXI opened at $36.28 on Wednesday. iShares China Large-Cap ETF has a 1 year low of $34.77 and a 1 year high of $42.00. The stock has a market cap of $5.99 billion, a price-to-earnings ratio of 10.78 and a beta of 0.32. The business has a fifty day moving average of $36.41 and a 200-day moving average of $38.13.

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. The underlying Index is designed to represent the performance of the companies in the Chinese equity market, which are available to the international investors.