Joule Financial LLC Acquires New Position in iShares China Large-Cap ETF (NYSEARCA:FXI)

Joule Financial LLC bought a new position in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 8,405 shares of the exchange traded fund’s stock, valued at approximately $256,000.

A number of other hedge funds have also modified their holdings of FXI. Contravisory Investment Management Inc. purchased a new position in shares of iShares China Large-Cap ETF in the fourth quarter valued at about $406,000. Park Avenue Securities LLC purchased a new position in iShares China Large-Cap ETF in the 4th quarter worth approximately $1,218,000. Ignite Planners LLC bought a new position in shares of iShares China Large-Cap ETF during the fourth quarter worth $227,000. FNY Investment Advisers LLC lifted its position in shares of iShares China Large-Cap ETF by 492.3% in the fourth quarter. FNY Investment Advisers LLC now owns 30,800 shares of the exchange traded fund’s stock worth $937,000 after buying an additional 25,600 shares in the last quarter. Finally, Ehrlich Financial Group bought a new position in shares of iShares China Large-Cap ETF during the 4th quarter valued at approximately $549,000.

iShares China Large-Cap ETF Stock Up 1.9 %

Shares of NYSEARCA:FXI opened at $30.41 on Friday. The firm has a fifty day simple moving average of $30.39 and a two-hundred day simple moving average of $29.08. iShares China Large-Cap ETF has a 52 week low of $20.86 and a 52 week high of $37.50. The stock has a market capitalization of $5.48 billion, a P/E ratio of 8.31 and a beta of 0.99.

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.