iShares China Large-Cap ETF (NYSEARCA:FXI) Reaches New 52-Week High – Time to Buy?

iShares China Large-Cap ETF (NYSEARCA:FXIGet Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $38.73 and last traded at $38.33, with a volume of 33163310 shares trading hands. The stock had previously closed at $38.49.

iShares China Large-Cap ETF Trading Down 1.8 %

The stock has a market cap of $7.86 billion, a PE ratio of 10.75 and a beta of 0.33. The business has a 50-day moving average price of $34.02 and a 200 day moving average price of $31.71.

Institutional Investors Weigh In On iShares China Large-Cap ETF

Institutional investors have recently added to or reduced their stakes in the business. Franklin Resources Inc. bought a new position in shares of iShares China Large-Cap ETF in the third quarter worth $31,000. GAMMA Investing LLC bought a new position in iShares China Large-Cap ETF in the 4th quarter worth about $223,000. Stifel Financial Corp grew its holdings 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 buying an additional 1,811 shares in the last quarter. Oppenheimer & Co. Inc. increased its position in shares of iShares China Large-Cap ETF by 343.3% during the fourth quarter. Oppenheimer & Co. Inc. now owns 29,503 shares of the exchange traded fund’s stock valued at $898,000 after buying an additional 22,847 shares during the period. Finally, Itau Unibanco Holding S.A. purchased a new stake in shares of iShares China Large-Cap ETF in the third quarter worth about $19,730,000.

About iShares China Large-Cap ETF

(Get 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.

See Also

Receive News & Ratings for iShares China Large-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares China Large-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.