SeaBridge Investment Advisors LLC Reduces Stake in iShares China Large-Cap ETF (NYSEARCA:FXI)

SeaBridge Investment Advisors LLC trimmed its position in shares of iShares China Large-Cap ETF (NYSEARCA:FXIFree Report) by 6.6% during the fourth quarter, Holdings Channel reports. The firm owned 63,034 shares of the exchange traded fund’s stock after selling 4,469 shares during the quarter. SeaBridge Investment Advisors LLC’s holdings in iShares China Large-Cap ETF were worth $1,919,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Franklin Resources Inc. purchased a new stake in iShares China Large-Cap ETF in the 3rd quarter valued at approximately $31,000. GAMMA Investing LLC purchased a new stake in shares of iShares China Large-Cap ETF in the fourth quarter valued at $223,000. M&R Capital Management Inc. acquired a new stake in shares of iShares China Large-Cap ETF during the third quarter valued at $32,000. Raymond James & Associates boosted its stake in shares of iShares China Large-Cap ETF by 59.0% during the third quarter. Raymond James & Associates now owns 205,625 shares of the exchange traded fund’s stock valued at $6,535,000 after acquiring an additional 76,333 shares during the last quarter. Finally, 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 worth $2,387,000 after purchasing an additional 1,811 shares in the last quarter.

iShares China Large-Cap ETF Trading Down 2.1 %

NYSEARCA:FXI opened at $31.89 on Friday. iShares China Large-Cap ETF has a 12-month low of $21.33 and a 12-month high of $37.50. The firm has a market cap of $5.74 billion, a price-to-earnings ratio of 8.31 and a beta of 0.99. The company’s 50-day moving average is $30.58 and its two-hundred day moving average is $29.39.

iShares China Large-Cap ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding FXI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares China Large-Cap ETF (NYSEARCA:FXIFree Report).

Institutional Ownership by Quarter for iShares China Large-Cap ETF (NYSEARCA:FXI)

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