HM Payson & Co. Takes $30,000 Position in iShares China Large-Cap ETF (NYSEARCA:FXI)

HM Payson & Co. bought a new stake in iShares China Large-Cap ETF (NYSEARCA:FXI) in the fourth quarter, Holdings Channel.com reports. The firm bought 990 shares of the exchange traded fund’s stock, valued at approximately $30,000.

A number of other hedge funds have also modified their holdings of FXI. Franklin Resources Inc. acquired a new stake in iShares China Large-Cap ETF during the third quarter worth about $31,000. Farther Finance Advisors LLC increased its position in iShares China Large-Cap ETF by 875.0% during the third quarter. Farther Finance Advisors LLC now owns 1,872 shares of the exchange traded fund’s stock worth $59,000 after purchasing an additional 1,680 shares during the last quarter. Union Bancaire Privee UBP SA acquired a new stake in iShares China Large-Cap ETF during the fourth quarter worth about $61,000. Golden State Wealth Management LLC acquired a new stake in iShares China Large-Cap ETF during the fourth quarter worth about $71,000. Finally, Jones Financial Companies Lllp increased its position in iShares China Large-Cap ETF by 6,120.0% during the fourth quarter. Jones Financial Companies Lllp now owns 3,110 shares of the exchange traded fund’s stock worth $95,000 after purchasing an additional 3,060 shares during the last quarter.

iShares China Large-Cap ETF Trading Down 2.7 %

iShares China Large-Cap ETF stock opened at $35.97 on Tuesday. iShares China Large-Cap ETF has a 12-month low of $23.58 and a 12-month high of $37.50. The stock has a market cap of $7.95 billion, a P/E ratio of 10.47 and a beta of 0.31. The company has a 50-day moving average price of $32.56 and a 200 day moving average price of $31.02.

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.