Causeway Capital Management LLC Takes Position in iShares China Large-Cap ETF $FXI

Causeway Capital Management LLC acquired a new position in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) in the third quarter, HoldingsChannel reports. The firm acquired 71,000 shares of the exchange traded fund’s stock, valued at approximately $2,921,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Total Investment Management Inc. purchased a new stake in shares of iShares China Large-Cap ETF during the second quarter worth about $25,000. Traub Capital Management LLC purchased a new position in shares of iShares China Large-Cap ETF during the second quarter valued at approximately $28,000. Elevation Point Wealth Partners LLC acquired a new stake in iShares China Large-Cap ETF during the second quarter worth approximately $31,000. Allworth Financial LP grew its stake in iShares China Large-Cap ETF by 1,066.7% in the 2nd quarter. Allworth Financial LP now owns 875 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 800 shares during the period. Finally, Banque Cantonale Vaudoise acquired a new position in iShares China Large-Cap ETF in the 3rd quarter valued at $44,000.

iShares China Large-Cap ETF Stock Up 1.8%

Shares of iShares China Large-Cap ETF stock opened at $36.48 on Tuesday. iShares China Large-Cap ETF has a fifty-two week low of $29.20 and a fifty-two week high of $42.00. The business’s fifty day moving average is $38.78 and its two-hundred day moving average is $39.42. The firm has a market cap of $6.08 billion, a PE ratio of 10.78 and a beta of 0.28.

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