Stock Traders Buy High Volume of iShares China Large-Cap ETF Call Options (NYSEARCA:FXI)

iShares China Large-Cap ETF (NYSEARCA:FXI) saw unusually large options trading on Monday. Stock investors bought 2,415,246 call options on the stock. This is an increase of approximately 1,558% compared to the typical volume of 145,652 call options.

Hedge Funds Weigh In On iShares China Large-Cap ETF

Hedge funds have recently modified their holdings of the company. New Vernon Capital Holdings II LLC purchased a new position in iShares China Large-Cap ETF in the first quarter worth about $284,898,000. Spear Holdings RSC Ltd bought a new stake in shares of iShares China Large-Cap ETF in the 2nd quarter valued at approximately $188,976,000. JPMorgan Chase & Co. boosted its holdings in shares of iShares China Large-Cap ETF by 276.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,266,142 shares of the exchange traded fund’s stock worth $175,509,000 after purchasing an additional 3,131,897 shares during the period. Qube Research & Technologies Ltd increased its position in shares of iShares China Large-Cap ETF by 57.1% during the 2nd quarter. Qube Research & Technologies Ltd now owns 5,674,694 shares of the exchange traded fund’s stock valued at $208,602,000 after purchasing an additional 2,063,028 shares during the last quarter. Finally, Natixis raised its holdings in iShares China Large-Cap ETF by 63.3% during the 2nd quarter. Natixis now owns 4,976,144 shares of the exchange traded fund’s stock valued at $182,923,000 after buying an additional 1,928,592 shares during the period.

iShares China Large-Cap ETF Stock Down 0.9%

NYSEARCA:FXI traded down $0.34 during mid-day trading on Monday, hitting $38.74. 38,283,040 shares of the company traded hands, compared to its average volume of 39,395,793. The stock’s fifty day moving average price is $39.86 and its 200-day moving average price is $38.76. The firm has a market cap of $6.54 billion, a price-to-earnings ratio of 10.78 and a beta of 0.28. iShares China Large-Cap ETF has a one year low of $28.41 and a one year high of $42.00.

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.