iShares China Large-Cap ETF (NYSEARCA:FXI) Sets New 1-Year High at $29.62

iShares China Large-Cap ETF (NYSEARCA:FXI) shares hit a new 52-week high on Tuesday . The stock traded as high as $29.62 and last traded at $29.55, with a volume of 11555418 shares. The stock had previously closed at $27.68.

iShares China Large-Cap ETF Stock Up 6.9 %

The stock’s fifty day moving average price is $25.94 and its 200-day moving average price is $25.93. The company has a market capitalization of $5.33 billion, a price-to-earnings ratio of 8.31 and a beta of 0.99.

Institutional Investors Weigh In On iShares China Large-Cap ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FXI. Lazard Asset Management LLC bought a new position in iShares China Large-Cap ETF in the first quarter valued at approximately $205,000. Quadrature Capital Ltd bought a new position in shares of iShares China Large-Cap ETF in the first quarter valued at $2,461,000. OLD Mission Capital LLC acquired a new position in iShares China Large-Cap ETF during the first quarter worth $143,233,000. Natixis raised its position in iShares China Large-Cap ETF by 37,868.2% during the first quarter. Natixis now owns 2,166,763 shares of the exchange traded fund’s stock worth $52,154,000 after acquiring an additional 2,172,500 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co lifted its stake in iShares China Large-Cap ETF by 6.6% in the first quarter. CANADA LIFE ASSURANCE Co now owns 139,416 shares of the exchange traded fund’s stock valued at $3,360,000 after acquiring an additional 8,675 shares during the last quarter.

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.