iShares China Large-Cap ETF Target of Unusually Large Options Trading (NYSEARCA:FXI)

iShares China Large-Cap ETF (NYSEARCA:FXI) was the target of some unusual options trading on Thursday. Traders purchased 343,215 put options on the stock. This represents an increase of approximately 184% compared to the average volume of 120,672 put options.

iShares China Large-Cap ETF Stock Down 2.1%

FXI stock traded down $0.68 during midday trading on Thursday, reaching $31.68. The stock had a trading volume of 44,045,902 shares, compared to its average volume of 32,212,887. The firm has a market cap of $5.23 billion, a price-to-earnings ratio of 10.78 and a beta of 0.30. iShares China Large-Cap ETF has a twelve month low of $31.49 and a twelve month high of $42.00. The business has a fifty day simple moving average of $35.83 and a two-hundred day simple moving average of $37.23.

Institutional Investors Weigh In On iShares China Large-Cap ETF

Several institutional investors have recently modified their holdings of FXI. Bank of America Corp DE lifted its holdings in iShares China Large-Cap ETF by 12.1% during the first quarter. Bank of America Corp DE now owns 15,268,671 shares of the exchange traded fund’s stock worth $548,145,000 after acquiring an additional 1,646,722 shares in the last quarter. Rafferty Asset Management LLC increased its holdings in shares of iShares China Large-Cap ETF by 2.6% in the fourth quarter. Rafferty Asset Management LLC now owns 13,660,513 shares of the exchange traded fund’s stock worth $523,061,000 after acquiring an additional 340,016 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd increased its holdings in shares of iShares China Large-Cap ETF by 48.7% in the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 4,430,000 shares of the exchange traded fund’s stock worth $182,250,000 after acquiring an additional 1,450,000 shares in the last quarter. Nearwater Capital Markets Ltd raised its position in shares of iShares China Large-Cap ETF by 196.3% during the fourth quarter. Nearwater Capital Markets Ltd now owns 2,785,000 shares of the exchange traded fund’s stock worth $106,638,000 after purchasing an additional 1,845,000 shares during the period. Finally, Spear Holdings RSC Ltd acquired a new stake in shares of iShares China Large-Cap ETF during the first quarter worth about $66,226,000.

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.