Franklin Resources Inc. Invests $31,000 in iShares China Large-Cap ETF (NYSEARCA:FXI)

Franklin Resources Inc. acquired a new stake in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 952 shares of the exchange traded fund’s stock, valued at approximately $31,000.

Several other large investors also recently added to or reduced their stakes in the stock. Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of iShares China Large-Cap ETF during the third quarter valued at $279,664,000. Bank of Montreal Can grew its holdings in iShares China Large-Cap ETF by 439.9% during the 2nd quarter. Bank of Montreal Can now owns 6,562,802 shares of the exchange traded fund’s stock worth $170,567,000 after acquiring an additional 5,347,265 shares in the last quarter. Toronto Dominion Bank increased its position in iShares China Large-Cap ETF by 61,218.3% during the 3rd quarter. Toronto Dominion Bank now owns 2,943,278 shares of the exchange traded fund’s stock valued at $93,537,000 after purchasing an additional 2,938,478 shares during the period. SG Americas Securities LLC raised its holdings in shares of iShares China Large-Cap ETF by 39.1% in the 3rd quarter. SG Americas Securities LLC now owns 3,349,108 shares of the exchange traded fund’s stock valued at $106,435,000 after purchasing an additional 941,613 shares in the last quarter. Finally, MKP Capital Management L.L.C. lifted its position in shares of iShares China Large-Cap ETF by 312.4% in the 2nd quarter. MKP Capital Management L.L.C. now owns 530,882 shares of the exchange traded fund’s stock worth $13,798,000 after purchasing an additional 780,882 shares during the period.

iShares China Large-Cap ETF Stock Down 1.8 %

Shares of FXI stock opened at $29.89 on Friday. The firm has a market cap of $5.38 billion, a price-to-earnings ratio of 8.31 and a beta of 0.99. iShares China Large-Cap ETF has a 52-week low of $20.86 and a 52-week high of $37.50. The company’s 50 day moving average is $30.91 and its 200 day moving average is $28.82.

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.