Calton & Associates Inc. Purchases New Shares in iShares China Large-Cap ETF (NYSEARCA:FXI)

Calton & Associates Inc. acquired a new position in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) in the first quarter, Holdings Channel.com reports. The firm acquired 16,130 shares of the exchange traded fund’s stock, valued at approximately $388,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Principal Securities Inc. acquired a new stake in shares of iShares China Large-Cap ETF in the fourth quarter worth approximately $25,000. International Assets Investment Management LLC purchased a new stake in shares of iShares China Large-Cap ETF during the fourth quarter worth $87,000. Turim 21 Investimentos Ltda. acquired a new stake in shares of iShares China Large-Cap ETF in the third quarter valued at about $147,000. Spire Wealth Management lifted its stake in shares of iShares China Large-Cap ETF by 33.8% in the fourth quarter. Spire Wealth Management now owns 6,535 shares of the exchange traded fund’s stock worth $157,000 after buying an additional 1,651 shares in the last quarter. Finally, Prospect Financial Services LLC acquired a new position in iShares China Large-Cap ETF during the fourth quarter worth about $205,000.

iShares China Large-Cap ETF Price Performance

NYSEARCA FXI traded up $0.10 during trading hours on Friday, hitting $25.99. 22,606,333 shares of the company’s stock traded hands, compared to its average volume of 42,009,551. The firm’s 50-day moving average is $26.91 and its 200-day moving average is $24.59. iShares China Large-Cap ETF has a 52-week low of $20.86 and a 52-week high of $30.54. The company has a market capitalization of $4.68 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.