iShares China Large-Cap ETF (NYSEARCA:FXI) Hits New 1-Year Low – Here’s Why

iShares China Large-Cap ETF (NYSEARCA:FXI)’s share price hit a new 52-week low on Thursday . The stock traded as low as $34.64 and last traded at $34.65, with a volume of 2804705 shares. The stock had previously closed at $35.32.

iShares China Large-Cap ETF Trading Down 1.9%

The stock has a 50 day simple moving average of $36.32 and a 200-day simple moving average of $37.95. The firm has a market cap of $5.72 billion, a PE ratio of 10.78 and a beta of 0.32.

Institutional Trading of iShares China Large-Cap ETF

Several institutional investors have recently made changes to their positions in FXI. Brighton Jones LLC purchased a new position in iShares China Large-Cap ETF in the 4th quarter worth approximately $240,000. AQR Capital Management LLC raised its position in shares of iShares China Large-Cap ETF by 5.1% during the first quarter. AQR Capital Management LLC now owns 8,402 shares of the exchange traded fund’s stock valued at $301,000 after buying an additional 406 shares during the last quarter. NewEdge Advisors LLC raised its position in shares of iShares China Large-Cap ETF by 22.5% during the first quarter. NewEdge Advisors LLC now owns 29,223 shares of the exchange traded fund’s stock valued at $1,047,000 after buying an additional 5,362 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of iShares China Large-Cap ETF by 46.2% in the first quarter. Jones Financial Companies Lllp now owns 4,547 shares of the exchange traded fund’s stock worth $163,000 after buying an additional 1,437 shares in the last quarter. Finally, Walleye Capital LLC purchased a new position in shares of iShares China Large-Cap ETF in the second quarter worth $489,000.

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.