Nipun Capital L.P. Reduces Holdings in iShares China Large-Cap ETF $FXI

Nipun Capital L.P. lowered its holdings in iShares China Large-Cap ETF (NYSEARCA:FXI) by 4.2% during the 3rd quarter, Holdings Channel reports. The firm owned 1,153,650 shares of the exchange traded fund’s stock after selling 50,000 shares during the period. iShares China Large-Cap ETF makes up about 17.9% of Nipun Capital L.P.’s investment portfolio, making the stock its 3rd largest holding. Nipun Capital L.P.’s holdings in iShares China Large-Cap ETF were worth $39,247,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of FXI. Spear Holdings RSC Ltd purchased a new position in shares of iShares China Large-Cap ETF in the 1st quarter worth about $66,226,000. PBCay One RSC Ltd purchased a new stake in shares of iShares China Large-Cap ETF during the 1st quarter worth approximately $66,226,000. Bank of America Corp DE raised its holdings in shares of iShares China Large-Cap ETF by 12.1% in the 1st quarter. Bank of America Corp DE now owns 15,268,671 shares of the exchange traded fund’s stock worth $548,145,000 after purchasing an additional 1,646,722 shares during the period. Capitolis Liquid Global Markets LLC raised its holdings in shares of iShares China Large-Cap ETF by 89.7% in the 4th quarter. Capitolis Liquid Global Markets LLC now owns 1,324,000 shares of the exchange traded fund’s stock worth $50,696,000 after purchasing an additional 626,000 shares during the period. Finally, Bank of Nova Scotia lifted its stake in iShares China Large-Cap ETF by 199.1% in the first quarter. Bank of Nova Scotia now owns 758,291 shares of the exchange traded fund’s stock valued at $27,224,000 after purchasing an additional 504,739 shares during the last quarter.

iShares China Large-Cap ETF Stock Performance

NYSEARCA FXI traded down $0.10 on Thursday, hitting $33.32. 5,508,264 shares of the stock traded hands, compared to its average volume of 27,222,607. The business’s fifty day moving average is $35.04 and its two-hundred day moving average is $35.12. iShares China Large-Cap ETF has a 12 month low of $31.19 and a 12 month high of $41.24. The firm has a market capitalization of $3.84 billion, a price-to-earnings ratio of 10.78 and a beta of 0.30.

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.