Ping Capital Management Inc. Lowers Position in iShares China Large-Cap ETF $FXI

Ping Capital Management Inc. lessened its stake in iShares China Large-Cap ETF (NYSEARCA:FXI) by 16.3% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 70,000 shares of the exchange traded fund’s stock after selling 13,600 shares during the quarter. iShares China Large-Cap ETF makes up about 1.0% of Ping Capital Management Inc.’s holdings, making the stock its 16th largest position. Ping Capital Management Inc.’s holdings in iShares China Large-Cap ETF were worth $2,880,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. Spear Holdings RSC Ltd bought a new position in iShares China Large-Cap ETF during the 2nd quarter valued at $188,976,000. Qube Research & Technologies Ltd grew its stake in shares of iShares China Large-Cap ETF by 57.1% in the 2nd quarter. Qube Research & Technologies Ltd now owns 5,674,694 shares of the exchange traded fund’s stock worth $208,602,000 after acquiring an additional 2,063,028 shares in the last quarter. Natixis raised its holdings in shares of iShares China Large-Cap ETF by 63.3% in the second quarter. Natixis now owns 4,976,144 shares of the exchange traded fund’s stock valued at $182,923,000 after purchasing an additional 1,928,592 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its position in shares of iShares China Large-Cap ETF by 35.5% during the second quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,980,000 shares of the exchange traded fund’s stock valued at $109,545,000 after purchasing an additional 780,000 shares in the last quarter. Finally, Penserra Capital Management LLC purchased a new stake in iShares China Large-Cap ETF in the 2nd quarter valued at about $20,432,000.

iShares China Large-Cap ETF Stock Down 0.1%

iShares China Large-Cap ETF stock opened at $39.44 on Friday. iShares China Large-Cap ETF has a 52 week low of $29.20 and a 52 week high of $42.00. The company’s 50 day moving average price is $39.17 and its two-hundred day moving average price is $39.30. The stock has a market cap of $6.58 billion, a P/E 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.