Itau Unibanco Holding S.A. Makes New $19.73 Million Investment in iShares China Large-Cap ETF (NYSEARCA:FXI)

Itau Unibanco Holding S.A. purchased a new stake in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) in the third quarter, according to its most recent 13F filing with the SEC. The fund purchased 620,821 shares of the exchange traded fund’s stock, valued at approximately $19,730,000.

Several other hedge funds have also added to or reduced their stakes in the business. M&R Capital Management Inc. bought a new stake in shares of iShares China Large-Cap ETF during the third quarter valued at approximately $32,000. ORG Partners LLC purchased a new stake in iShares China Large-Cap ETF during the third quarter valued at approximately $32,000. Asset Dedication LLC acquired a new position in iShares China Large-Cap ETF during the 2nd quarter valued at approximately $39,000. Ashton Thomas Private Wealth LLC acquired a new stake in iShares China Large-Cap ETF during the second quarter valued at $39,000. Finally, Centennial Bank AR purchased a new position in shares of iShares China Large-Cap ETF in the third quarter worth about $48,000.

iShares China Large-Cap ETF Stock Up 0.2 %

Shares of FXI opened at $30.37 on Tuesday. iShares China Large-Cap ETF has a fifty-two week low of $20.86 and a fifty-two week high of $37.50. The company has a market cap of $5.47 billion, a P/E ratio of 8.31 and a beta of 0.99. The firm’s 50 day moving average price is $31.73 and its 200 day moving average price is $28.27.

iShares China Large-Cap ETF 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.