iShares China Large-Cap ETF Target of Unusually High Options Trading (NYSEARCA:FXI)

iShares China Large-Cap ETF (NYSEARCA:FXI) saw unusually large options trading on Thursday. Stock traders bought 403,878 call options on the stock. This represents an increase of 96% compared to the average daily volume of 205,603 call options.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. Principal Securities Inc. purchased a new stake in iShares China Large-Cap ETF during the fourth quarter valued at $25,000. Hexagon Capital Partners LLC lifted its stake in shares of iShares China Large-Cap ETF by 291.4% in the 1st quarter. Hexagon Capital Partners LLC now owns 1,495 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 1,113 shares during the period. International Assets Investment Management LLC purchased a new position in shares of iShares China Large-Cap ETF in the fourth quarter worth approximately $87,000. Spire Wealth Management boosted its holdings in shares of iShares China Large-Cap ETF by 2,329.9% in the third quarter. Spire Wealth Management now owns 4,884 shares of the exchange traded fund’s stock worth $130,000 after buying an additional 4,683 shares during the last quarter. Finally, Turim 21 Investimentos Ltda. bought a new stake in iShares China Large-Cap ETF during the third quarter valued at approximately $147,000.

iShares China Large-Cap ETF Stock Performance

Shares of NYSEARCA:FXI opened at $27.33 on Friday. The firm has a market cap of $4.92 billion, a price-to-earnings ratio of 8.31 and a beta of 0.99. The business has a 50-day simple moving average of $24.35 and a two-hundred day simple moving average of $24.15. iShares China Large-Cap ETF has a fifty-two week low of $20.86 and a fifty-two week high of $30.54.

iShares China Large-Cap ETF Company 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.