Renaissance Technologies LLC Sells 942,500 Shares of iShares China Large-Cap ETF $FXI

Renaissance Technologies LLC decreased its position in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) by 76.9% during the first quarter, according to its most recent filing with the SEC. The firm owned 283,200 shares of the exchange traded fund’s stock after selling 942,500 shares during the period. Renaissance Technologies LLC’s holdings in iShares China Large-Cap ETF were worth $10,167,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Clearstead Advisors LLC bought a new position in shares of iShares China Large-Cap ETF during the fourth quarter valued at approximately $25,000. Van Den Berg Management I Inc. purchased a new position in iShares China Large-Cap ETF in the 4th quarter worth approximately $27,000. International Assets Investment Management LLC bought a new position in shares of iShares China Large-Cap ETF during the fourth quarter valued at $32,000. Steward Partners Investment Advisory LLC lifted its stake in iShares China Large-Cap ETF by 333.5% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 971 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 747 shares during the period. Finally, Banque Cantonale Vaudoise bought a new position in iShares China Large-Cap ETF during the third quarter valued at approximately $44,000.

iShares China Large-Cap ETF Price Performance

FXI stock opened at $36.50 on Monday. The company has a market cap of $4.35 billion, a P/E ratio of 10.78 and a beta of 0.32. The stock’s fifty day moving average price is $34.16 and its 200-day moving average price is $36.23. iShares China Large-Cap ETF has a 1 year low of $31.19 and a 1 year high of $42.00.

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.