Truist Financial Corp Buys 15,837 Shares of iShares China Large-Cap ETF (NYSEARCA:FXI)

Truist Financial Corp raised its stake in iShares China Large-Cap ETF (NYSEARCA:FXI) by 63.6% in the fourth quarter, Holdings Channel reports. The fund owned 40,745 shares of the exchange traded fund’s stock after purchasing an additional 15,837 shares during the quarter. Truist Financial Corp’s holdings in iShares China Large-Cap ETF were worth $1,240,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Franklin Resources Inc. acquired a new stake in iShares China Large-Cap ETF during the 3rd quarter valued at approximately $31,000. GAMMA Investing LLC acquired a new stake in iShares China Large-Cap ETF during the 4th quarter valued at approximately $223,000. Raymond James & Associates increased its position in iShares China Large-Cap ETF by 59.0% during the 3rd quarter. Raymond James & Associates now owns 205,625 shares of the exchange traded fund’s stock valued at $6,535,000 after purchasing an additional 76,333 shares during the period. Stifel Financial Corp increased its position in iShares China Large-Cap ETF by 2.5% during the 3rd quarter. Stifel Financial Corp now owns 75,120 shares of the exchange traded fund’s stock valued at $2,387,000 after purchasing an additional 1,811 shares during the period. Finally, Farther Finance Advisors LLC increased its position in iShares China Large-Cap ETF by 875.0% during the 3rd 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 during the period.

iShares China Large-Cap ETF Stock Down 2.3 %

Shares of FXI stock opened at $35.23 on Friday. The company has a market cap of $7.78 billion, a price-to-earnings ratio of 10.47 and a beta of 0.31. iShares China Large-Cap ETF has a 52 week low of $23.01 and a 52 week high of $37.50. The firm has a 50 day moving average of $31.95 and a 200-day moving average of $30.54.

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.