Viewpoint Capital Management LLC Increases Stake in iShares China Large-Cap ETF (NYSEARCA:FXI)

Viewpoint Capital Management LLC increased its holdings in iShares China Large-Cap ETF (NYSEARCA:FXI) by 16.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 73,888 shares of the exchange traded fund’s stock after acquiring an additional 10,200 shares during the quarter. iShares China Large-Cap ETF makes up about 1.2% of Viewpoint Capital Management LLC’s investment portfolio, making the stock its 25th largest position. Viewpoint Capital Management LLC’s holdings in iShares China Large-Cap ETF were worth $2,249,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Franklin Resources Inc. bought a new stake in shares of iShares China Large-Cap ETF in the 3rd quarter valued at about $31,000. ORG Partners LLC bought a new stake in iShares China Large-Cap ETF during the 3rd quarter valued at $32,000. Centennial Bank AR purchased a new position in shares of iShares China Large-Cap ETF in the 3rd quarter valued at $48,000. Farther Finance Advisors LLC raised its position in shares of iShares China Large-Cap ETF by 875.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,872 shares of the exchange traded fund’s stock worth $59,000 after acquiring an additional 1,680 shares in the last quarter. Finally, Union Bancaire Privee UBP SA bought a new position in shares of iShares China Large-Cap ETF in the 4th quarter worth $61,000.

iShares China Large-Cap ETF Stock Performance

Shares of iShares China Large-Cap ETF stock opened at $33.34 on Wednesday. iShares China Large-Cap ETF has a one year low of $22.10 and a one year high of $37.50. The company has a 50-day simple moving average of $30.92 and a two-hundred day simple moving average of $29.76. The company has a market capitalization of $6.01 billion, a PE ratio of 8.31 and a beta of 0.99.

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.