iShares China Large-Cap ETF (NYSEARCA:FXI) Reaches New 1-Year High at $32.96

iShares China Large-Cap ETF (NYSEARCA:FXI) hit a new 52-week high during trading on Monday . The stock traded as high as $32.96 and last traded at $32.96, with a volume of 5062515 shares traded. The stock had previously closed at $32.17.

iShares China Large-Cap ETF Stock Performance

The company has a market capitalization of $5.93 billion, a PE ratio of 8.31 and a beta of 0.99. The firm’s 50-day simple moving average is $26.33 and its 200 day simple moving average is $26.13.

Institutional Investors Weigh In On iShares China Large-Cap ETF

A number of hedge funds and other institutional investors have recently modified their holdings of FXI. Hexagon Capital Partners LLC raised its stake in shares of iShares China Large-Cap ETF by 291.4% during the 1st quarter. Hexagon Capital Partners LLC now owns 1,495 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 1,113 shares during the last quarter. Eagle Bay Advisors LLC acquired a new stake in iShares China Large-Cap ETF in the 1st quarter valued at about $68,000. Prospect Financial Services LLC acquired a new stake in iShares China Large-Cap ETF in the 4th quarter valued at about $205,000. Lazard Asset Management LLC purchased a new position in iShares China Large-Cap ETF during the 1st quarter valued at about $205,000. Finally, Janney Capital Management LLC acquired a new position in iShares China Large-Cap ETF during the first quarter worth about $208,000.

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.