Cobalt Capital Management Inc. Purchases Shares of 150,000 iShares China Large-Cap ETF $FXI

Cobalt Capital Management Inc. purchased a new stake in iShares China Large-Cap ETF (NYSEARCA:FXI) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 150,000 shares of the exchange traded fund’s stock, valued at approximately $5,744,000. iShares China Large-Cap ETF makes up approximately 2.5% of Cobalt Capital Management Inc.’s portfolio, making the stock its 12th largest holding.

A number of other institutional investors have also recently bought and sold shares of the stock. Boothbay Fund Management LLC lifted its stake in iShares China Large-Cap ETF by 112.8% in the fourth quarter. Boothbay Fund Management LLC now owns 25,600 shares of the exchange traded fund’s stock valued at $980,000 after buying an additional 225,600 shares in the last quarter. EFG International AG bought a new position in iShares China Large-Cap ETF in the fourth quarter valued at approximately $82,000. BTG Pactual Asset Management US LLC lifted its stake in iShares China Large-Cap ETF by 13.7% in the fourth quarter. BTG Pactual Asset Management US LLC now owns 6,441 shares of the exchange traded fund’s stock valued at $247,000 after buying an additional 774 shares in the last quarter. Nearwater Capital Markets Ltd lifted its stake in iShares China Large-Cap ETF by 196.3% in the fourth quarter. Nearwater Capital Markets Ltd now owns 2,785,000 shares of the exchange traded fund’s stock valued at $106,638,000 after buying an additional 1,845,000 shares in the last quarter. Finally, Jump Financial LLC bought a new position in iShares China Large-Cap ETF in the fourth quarter valued at approximately $1,955,000.

iShares China Large-Cap ETF Trading Down 2.6%

Shares of FXI opened at $33.65 on Thursday. iShares China Large-Cap ETF has a 12 month low of $33.60 and a 12 month high of $42.00. The firm has a fifty day simple moving average of $36.14 and a 200 day simple moving average of $37.45. The stock has a market capitalization of $5.56 billion, a price-to-earnings ratio of 10.78 and a beta of 0.30.

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.