IronBridge Private Wealth LLC Makes New Investment in iShares China Large-Cap ETF $FXI

IronBridge Private Wealth LLC acquired a new position in iShares China Large-Cap ETF (NYSEARCA:FXI) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 77,184 shares of the exchange traded fund’s stock, valued at approximately $3,175,000. iShares China Large-Cap ETF accounts for about 1.0% of IronBridge Private Wealth LLC’s holdings, making the stock its 25th largest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Prospera Financial Services Inc raised its stake in shares of iShares China Large-Cap ETF by 14.1% during the 2nd quarter. Prospera Financial Services Inc now owns 74,061 shares of the exchange traded fund’s stock valued at $2,722,000 after purchasing an additional 9,161 shares during the period. Baldwin Wealth Partners LLC MA purchased a new position in iShares China Large-Cap ETF during the second quarter valued at approximately $202,000. Bfsg LLC bought a new stake in iShares China Large-Cap ETF during the 3rd quarter worth approximately $4,816,000. Cypress Capital Group increased its holdings in iShares China Large-Cap ETF by 107.9% during the 2nd quarter. Cypress Capital Group now owns 59,835 shares of the exchange traded fund’s stock worth $2,200,000 after acquiring an additional 31,055 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in iShares China Large-Cap ETF in the 3rd quarter worth approximately $576,000.

iShares China Large-Cap ETF Price Performance

FXI opened at $39.48 on Friday. The firm has a market capitalization of $6.59 billion, a P/E ratio of 10.78 and a beta of 0.28. iShares China Large-Cap ETF has a one year low of $29.20 and a one year high of $42.00. The company has a fifty day moving average price of $39.19 and a 200-day moving average price of $39.26.

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. The underlying Index is designed to represent the performance of the companies in the Chinese equity market, which are available to the international investors.