Forte Asset Management LLC Purchases Shares of 59,543 iShares China Large-Cap ETF (NYSEARCA:FXI)

Forte Asset Management LLC purchased a new stake 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 & Exchange Commission. The firm purchased 59,543 shares of the exchange traded fund’s stock, valued at approximately $1,812,000.

A number of other large investors have also added to or reduced their stakes in FXI. Franklin Resources Inc. purchased a new stake in iShares China Large-Cap ETF during the third quarter valued at about $31,000. M&R Capital Management Inc. purchased a new stake in iShares China Large-Cap ETF during the third quarter valued at about $32,000. ORG Partners LLC purchased a new stake in iShares China Large-Cap ETF during the third quarter valued at about $32,000. Centennial Bank AR purchased a new stake in iShares China Large-Cap ETF during the third quarter valued at about $48,000. Finally, Farther Finance Advisors LLC raised 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 valued at $59,000 after purchasing an additional 1,680 shares in the last quarter.

iShares China Large-Cap ETF Stock Up 0.9 %

NYSEARCA FXI opened at $31.60 on Tuesday. The stock’s 50-day simple moving average is $30.44 and its two-hundred day simple moving average is $29.28. iShares China Large-Cap ETF has a twelve month low of $21.33 and a twelve month high of $37.50. The company has a market capitalization of $5.69 billion, a price-to-earnings ratio of 8.31 and a beta of 0.99.

iShares China Large-Cap ETF 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.