BlueCrest Capital Management Ltd Purchases Shares of 27,000 iShares China Large-Cap ETF $FXI

BlueCrest Capital Management Ltd acquired a new position in iShares China Large-Cap ETF (NYSEARCA:FXI) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 27,000 shares of the exchange traded fund’s stock, valued at approximately $1,111,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of FXI. Bfsg LLC purchased a new position in iShares China Large-Cap ETF during the 3rd quarter worth approximately $4,816,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in iShares China Large-Cap ETF during the 3rd quarter valued at approximately $576,000. Caprock Group LLC purchased a new stake in shares of iShares China Large-Cap ETF in the 3rd quarter valued at $1,426,000. Ashford Capital Management Inc. purchased a new stake in shares of iShares China Large-Cap ETF in the 2nd quarter valued at $3,994,000. Finally, ABC Arbitrage SA acquired a new stake in shares of iShares China Large-Cap ETF in the third quarter worth $16,748,000.

iShares China Large-Cap ETF Price Performance

Shares of iShares China Large-Cap ETF stock opened at $36.89 on Wednesday. The firm has a fifty day moving average price of $38.47 and a 200 day moving average price of $39.32. iShares China Large-Cap ETF has a 1 year low of $29.20 and a 1 year high of $42.00. The stock has a market cap of $6.15 billion, a PE ratio of 10.78 and a beta of 0.28.

About iShares China Large-Cap ETF

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.