Silver Oak Securities Incorporated Lowers Holdings in iShares China Large-Cap ETF (NYSEARCA:FXI)

Silver Oak Securities Incorporated reduced its stake in iShares China Large-Cap ETF (NYSEARCA:FXI) by 31.1% during the fourth quarter, HoldingsChannel reports. The fund owned 6,509 shares of the exchange traded fund’s stock after selling 2,941 shares during the period. Silver Oak Securities Incorporated’s holdings in iShares China Large-Cap ETF were worth $198,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Franklin Resources Inc. purchased a new stake in iShares China Large-Cap ETF during the 3rd quarter valued at about $31,000. GAMMA Investing LLC bought a new position in shares of iShares China Large-Cap ETF in the fourth quarter worth approximately $223,000. Raymond James & Associates grew its holdings in shares of iShares China Large-Cap ETF by 59.0% during the third quarter. Raymond James & Associates now owns 205,625 shares of the exchange traded fund’s stock valued at $6,535,000 after buying an additional 76,333 shares during the last quarter. Stifel Financial Corp increased its position in shares of iShares China Large-Cap ETF by 2.5% during the third quarter. Stifel Financial Corp now owns 75,120 shares of the exchange traded fund’s stock valued at $2,387,000 after acquiring an additional 1,811 shares in the last quarter. Finally, Fiduciary Alliance LLC raised its holdings in iShares China Large-Cap ETF by 10.3% in the 3rd quarter. Fiduciary Alliance LLC now owns 39,241 shares of the exchange traded fund’s stock worth $1,247,000 after acquiring an additional 3,670 shares during the last quarter.

iShares China Large-Cap ETF Trading Up 1.4 %

FXI stock opened at $32.73 on Monday. The stock’s 50 day simple moving average is $30.80 and its 200 day simple moving average is $29.65. iShares China Large-Cap ETF has a 12-month low of $21.92 and a 12-month high of $37.50. The stock has a market capitalization of $5.90 billion, a PE ratio of 8.31 and a beta of 0.99.

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.