iShares China Large-Cap ETF (NYSEARCA:FXI) Shares Gap Up to $29.56

Shares of iShares China Large-Cap ETF (NYSEARCA:FXI) gapped up before the market opened on Thursday . The stock had previously closed at $29.56, but opened at $31.86. iShares China Large-Cap ETF shares last traded at $31.73, with a volume of 26,334,055 shares traded.

iShares China Large-Cap ETF Stock Up 0.8 %

The business has a fifty day moving average price of $26.33 and a 200-day moving average price of $26.10. The company has a market cap of $5.80 billion, a P/E ratio of 8.31 and a beta of 0.99.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in FXI. Hexagon Capital Partners LLC grew its stake in shares of iShares China Large-Cap ETF by 291.4% in the first quarter. Hexagon Capital Partners LLC now owns 1,495 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 1,113 shares in the last quarter. Eagle Bay Advisors LLC acquired a new stake in shares of iShares China Large-Cap ETF in the first quarter valued at approximately $68,000. Prospect Financial Services LLC bought a new stake in shares of iShares China Large-Cap ETF in the fourth quarter valued at approximately $205,000. Lazard Asset Management LLC acquired a new stake in iShares China Large-Cap ETF during the first quarter worth approximately $205,000. Finally, Janney Capital Management LLC acquired a new stake in iShares China Large-Cap ETF during the first quarter worth approximately $208,000.

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.