Allstate Corp Raises Holdings in iShares China Large-Cap ETF (NYSEARCA:FXI)

Allstate Corp increased its position in iShares China Large-Cap ETF (NYSEARCA:FXI) by 150.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 64,000 shares of the exchange traded fund’s stock after acquiring an additional 38,462 shares during the quarter. Allstate Corp’s holdings in iShares China Large-Cap ETF were worth $1,948,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FXI. 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 stake in shares of iShares China Large-Cap ETF during the fourth quarter valued at about $223,000. Oppenheimer & Co. Inc. lifted its holdings in shares of iShares China Large-Cap ETF by 343.3% in the fourth quarter. Oppenheimer & Co. Inc. now owns 29,503 shares of the exchange traded fund’s stock worth $898,000 after buying an additional 22,847 shares in the last quarter. Stifel Financial Corp boosted its position in shares of iShares China Large-Cap ETF by 2.5% in the third quarter. Stifel Financial Corp now owns 75,120 shares of the exchange traded fund’s stock valued at $2,387,000 after acquiring an additional 1,811 shares during the period. Finally, Itau Unibanco Holding S.A. purchased a new position in iShares China Large-Cap ETF during the third quarter valued at approximately $19,730,000.

iShares China Large-Cap ETF Price Performance

NYSEARCA FXI opened at $35.84 on Friday. The company’s 50 day simple moving average is $34.69 and its two-hundred day simple moving average is $32.13. iShares China Large-Cap ETF has a 1 year low of $23.62 and a 1 year high of $38.73. The stock has a market capitalization of $7.71 billion, a PE ratio of 10.75 and a beta of 0.33.

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.