Calton & Associates Inc. Invests $388,000 in iShares China Large-Cap ETF (NYSEARCA:FXI)

Calton & Associates Inc. purchased a new stake in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 16,130 shares of the exchange traded fund’s stock, valued at approximately $388,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brookstone Capital Management lifted its position in iShares China Large-Cap ETF by 105.0% during the first quarter. Brookstone Capital Management now owns 18,400 shares of the exchange traded fund’s stock valued at $443,000 after purchasing an additional 9,425 shares during the last quarter. Sunbelt Securities Inc. lifted its holdings in shares of iShares China Large-Cap ETF by 8,858.6% in the 1st quarter. Sunbelt Securities Inc. now owns 22,486 shares of the exchange traded fund’s stock valued at $541,000 after acquiring an additional 22,235 shares during the last quarter. Financial Enhancement Group LLC purchased a new position in iShares China Large-Cap ETF in the first quarter worth about $1,083,000. Disciplined Investments LLC bought a new stake in iShares China Large-Cap ETF during the first quarter worth approximately $628,000. Finally, IMC Chicago LLC purchased a new stake in iShares China Large-Cap ETF during the first quarter valued at approximately $1,771,000.

iShares China Large-Cap ETF Price Performance

Shares of FXI traded up $0.10 during midday trading on Friday, hitting $25.99. The stock had a trading volume of 22,606,333 shares, compared to its average volume of 42,009,551. iShares China Large-Cap ETF has a 1 year low of $20.86 and a 1 year high of $30.54. The stock’s 50 day moving average is $26.91 and its 200 day moving average is $24.59. The firm has a market cap of $4.68 billion, a PE ratio of 8.31 and a beta of 0.99.

iShares China Large-Cap ETF 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.