Raymond James & Associates Trims Holdings in iShares China Large-Cap ETF (NYSEARCA:FXI)

Raymond James & Associates reduced its stake in iShares China Large-Cap ETF (NYSEARCA:FXI) by 59.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 62,542 shares of the exchange traded fund’s stock after selling 92,027 shares during the quarter. Raymond James & Associates’ holdings in iShares China Large-Cap ETF were worth $1,503,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Franklin Resources Inc. lifted its stake in iShares China Large-Cap ETF by 177.8% during the second quarter. Franklin Resources Inc. now owns 1,250 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 800 shares in the last quarter. Pacific Center for Financial Services acquired a new position in iShares China Large-Cap ETF during the 1st quarter worth about $40,000. Comerica Bank purchased a new position in iShares China Large-Cap ETF during the 3rd quarter valued at about $50,000. Steward Partners Investment Advisory LLC grew its position in iShares China Large-Cap ETF by 243.2% in the 1st quarter. Steward Partners Investment Advisory LLC now owns 2,090 shares of the exchange traded fund’s stock valued at $62,000 after acquiring an additional 1,481 shares in the last quarter. Finally, Belpointe Asset Management LLC increased its stake in iShares China Large-Cap ETF by 184.7% during the first quarter. Belpointe Asset Management LLC now owns 2,289 shares of the exchange traded fund’s stock worth $68,000 after purchasing an additional 1,485 shares during the period.

iShares China Large-Cap ETF Stock Performance

NYSEARCA FXI opened at $24.07 on Friday. The firm has a market cap of $4.46 billion, a price-to-earnings ratio of 7.74 and a beta of 1.01. The firm has a 50 day simple moving average of $23.78 and a 200-day simple moving average of $24.21. iShares China Large-Cap ETF has a one year low of $20.86 and a one year 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.