PVG Asset Management Corp purchased a new position in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,195 shares of the exchange traded fund’s stock, valued at approximately $515,000.
Several other institutional investors also recently bought and sold shares of FXI. Morgan Stanley increased its holdings in iShares China Large-Cap ETF by 12.7% in the third quarter. Morgan Stanley now owns 11,983,026 shares of the exchange traded fund’s stock valued at $513,113,000 after buying an additional 1,346,335 shares during the last quarter. Bank of Nova Scotia grew its holdings in shares of iShares China Large-Cap ETF by 302.7% during the fourth quarter. Bank of Nova Scotia now owns 7,789,611 shares of the exchange traded fund’s stock worth $304,418,000 after purchasing an additional 5,855,346 shares during the last quarter. Toronto Dominion Bank purchased a new position in shares of iShares China Large-Cap ETF during the fourth quarter worth about $181,248,000. OLD Mission Capital LLC grew its holdings in shares of iShares China Large-Cap ETF by 24.8% during the fourth quarter. OLD Mission Capital LLC now owns 2,289,689 shares of the exchange traded fund’s stock worth $89,481,000 after purchasing an additional 455,573 shares during the last quarter. Finally, NWI Management LP purchased a new position in shares of iShares China Large-Cap ETF during the third quarter worth about $85,640,000.
Shares of FXI stock traded down $0.51 during mid-day trading on Monday, hitting $44.93. 28,404,422 shares of the stock were exchanged, compared to its average volume of 29,269,250. iShares China Large-Cap ETF has a 12-month low of $37.85 and a 12-month high of $48.93.
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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.
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