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

iShares China Large-Cap ETF (NYSEARCA:FXI) was the target of some unusual options trading activity on Friday. Stock traders acquired 355,253 put options on the company. This represents an increase of 64% compared to the average volume of 217,070 put options.

Institutional Trading of iShares China Large-Cap ETF

A number of institutional investors have recently made changes to their positions in FXI. Cerity Partners LLC boosted its stake in iShares China Large-Cap ETF by 6.9% in the 3rd quarter. Cerity Partners LLC now owns 21,814 shares of the exchange traded fund’s stock worth $693,000 after purchasing an additional 1,400 shares in the last quarter. Janus Henderson Group PLC purchased a new position in shares of iShares China Large-Cap ETF in the third quarter worth $2,487,000. Integrated Wealth Concepts LLC lifted its stake in shares of iShares China Large-Cap ETF by 72.6% during the third quarter. Integrated Wealth Concepts LLC now owns 101,697 shares of the exchange traded fund’s stock worth $3,232,000 after buying an additional 42,791 shares during the period. IHT Wealth Management LLC grew its holdings in shares of iShares China Large-Cap ETF by 164.8% during the third quarter. IHT Wealth Management LLC now owns 41,145 shares of the exchange traded fund’s stock valued at $1,313,000 after buying an additional 25,605 shares during the last quarter. Finally, Stifel Financial Corp increased its position in shares of iShares China Large-Cap ETF by 2.5% in the 3rd quarter. Stifel Financial Corp now owns 75,120 shares of the exchange traded fund’s stock valued at $2,387,000 after acquiring an additional 1,811 shares during the period.

iShares China Large-Cap ETF Price Performance

NYSEARCA FXI traded down $2.60 on Friday, hitting $32.62. The stock had a trading volume of 77,770,570 shares, compared to its average volume of 47,536,762. The business’s fifty day moving average price is $35.09 and its 200 day moving average price is $32.35. The stock has a market cap of $6.87 billion, a price-to-earnings ratio of 10.21 and a beta of 0.28. iShares China Large-Cap ETF has a 52-week low of $23.62 and a 52-week high of $38.73.

About iShares China Large-Cap ETF

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.