Syntax Research Inc. Buys Shares of 36,775 iShares China Large-Cap ETF (NYSEARCA:FXI)

Syntax Research Inc. bought a new stake in iShares China Large-Cap ETF (NYSEARCA:FXI) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 36,775 shares of the exchange traded fund’s stock, valued at approximately $1,119,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Franklin Resources Inc. purchased a new stake in iShares China Large-Cap ETF in the third quarter valued at approximately $31,000. GAMMA Investing LLC purchased a new stake in iShares China Large-Cap ETF in the fourth quarter valued at approximately $223,000. Stifel Financial Corp increased its position in shares of iShares China Large-Cap ETF by 2.5% during the third quarter. Stifel Financial Corp now owns 75,120 shares of the exchange traded fund’s stock worth $2,387,000 after acquiring an additional 1,811 shares during the period. Oppenheimer & Co. Inc. increased its position in shares of iShares China Large-Cap ETF by 343.3% during the fourth quarter. Oppenheimer & Co. Inc. now owns 29,503 shares of the exchange traded fund’s stock worth $898,000 after acquiring an additional 22,847 shares during the period. Finally, Itau Unibanco Holding S.A. purchased a new stake in shares of iShares China Large-Cap ETF during the third quarter worth $19,730,000.

iShares China Large-Cap ETF Trading Down 1.8 %

iShares China Large-Cap ETF stock opened at $36.56 on Monday. iShares China Large-Cap ETF has a twelve month low of $23.58 and a twelve month high of $38.73. The stock’s fifty day simple moving average is $34.02 and its 200-day simple moving average is $31.79. The firm has a market capitalization of $7.86 billion, a P/E ratio of 10.75 and a beta of 0.33.

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.