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

iShares China Large-Cap ETF (NYSEARCA:FXIGet Rating) was the recipient of some unusual options trading on Friday. Stock investors bought 295,139 call options on the stock. This represents an increase of approximately 93% compared to the average daily volume of 152,929 call options.

Hedge Funds Weigh In On iShares China Large-Cap ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FXI. Itau Unibanco Holding S.A. grew its position in iShares China Large-Cap ETF by 32.8% during the 4th quarter. Itau Unibanco Holding S.A. now owns 416,565 shares of the exchange traded fund’s stock worth $15,239,000 after purchasing an additional 102,850 shares during the period. Capital Management Associates NY acquired a new stake in iShares China Large-Cap ETF during the 4th quarter worth about $558,000. Mass Ave Global Inc. acquired a new stake in iShares China Large-Cap ETF during the 1st quarter worth about $368,000. Western Wealth Management LLC grew its position in iShares China Large-Cap ETF by 192.5% during the 1st quarter. Western Wealth Management LLC now owns 19,891 shares of the exchange traded fund’s stock worth $636,000 after purchasing an additional 13,090 shares during the period. Finally, Banque Pictet & Cie SA grew its position in iShares China Large-Cap ETF by 1.1% during the 1st quarter. Banque Pictet & Cie SA now owns 133,586 shares of the exchange traded fund’s stock worth $4,271,000 after purchasing an additional 1,441 shares during the period.

iShares China Large-Cap ETF Stock Performance

Shares of FXI traded down $0.50 during midday trading on Friday, hitting $26.47. 3,194,744 shares of the company’s stock traded hands, compared to its average volume of 39,033,656. The firm’s fifty day moving average is $29.83 and its 200-day moving average is $30.97. iShares China Large-Cap ETF has a 1 year low of $26.13 and a 1 year high of $42.69.

iShares China Large-Cap ETF Company Profile

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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.

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