Nipun Capital L.P. Invests $12.94 Million in iShares China Large-Cap ETF (NYSEARCA:FXI)

Nipun Capital L.P. bought a new position in iShares China Large-Cap ETF (NYSEARCA:FXI) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 538,450 shares of the exchange traded fund’s stock, valued at approximately $12,939,000. iShares China Large-Cap ETF accounts for approximately 12.4% of Nipun Capital L.P.’s holdings, making the stock its 3rd biggest position. Nipun Capital L.P. owned about 0.29% of iShares China Large-Cap ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC purchased a new stake in iShares China Large-Cap ETF during the fourth quarter worth approximately $87,000. Spire Wealth Management boosted its position in iShares China Large-Cap ETF by 2,329.9% during the 3rd quarter. Spire Wealth Management now owns 4,884 shares of the exchange traded fund’s stock worth $130,000 after purchasing an additional 4,683 shares during the period. Turim 21 Investimentos Ltda. acquired a new stake in iShares China Large-Cap ETF in the 3rd quarter valued at $147,000. Brookstone Capital Management purchased a new position in iShares China Large-Cap ETF in the fourth quarter valued at about $216,000. Finally, SOL Capital Management CO acquired a new position in shares of iShares China Large-Cap ETF during the third quarter worth about $218,000.

iShares China Large-Cap ETF Stock Up 0.7 %

Shares of NYSEARCA FXI traded up $0.17 on Thursday, hitting $25.44. The company had a trading volume of 42,966,199 shares, compared to its average volume of 44,782,551. iShares China Large-Cap ETF has a 12-month low of $20.86 and a 12-month high of $30.54. The firm has a market capitalization of $4.72 billion, a P/E ratio of 7.74 and a beta of 1.01. The business has a 50 day moving average of $23.95 and a two-hundred day moving average of $24.16.

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.