Truist Financial Corp Has $1.24 Million Position in iShares China Large-Cap ETF (NYSEARCA:FXI)

Truist Financial Corp raised its stake in iShares China Large-Cap ETF (NYSEARCA:FXI) by 63.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 40,745 shares of the exchange traded fund’s stock after purchasing an additional 15,837 shares during the period. Truist Financial Corp’s holdings in iShares China Large-Cap ETF were worth $1,240,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of FXI. Franklin Resources Inc. acquired a new position in shares of iShares China Large-Cap ETF in the third quarter valued at about $31,000. Centennial Bank AR acquired a new position in shares of iShares China Large-Cap ETF in the third quarter valued at about $48,000. Farther Finance Advisors LLC grew its stake in shares of iShares China Large-Cap ETF by 875.0% in the third quarter. Farther Finance Advisors LLC now owns 1,872 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 1,680 shares in the last quarter. Union Bancaire Privee UBP SA acquired a new position in shares of iShares China Large-Cap ETF in the fourth quarter valued at about $61,000. Finally, Golden State Wealth Management LLC acquired a new position in shares of iShares China Large-Cap ETF in the fourth quarter valued at about $71,000.

iShares China Large-Cap ETF Stock Down 2.3 %

FXI opened at $35.23 on Friday. iShares China Large-Cap ETF has a twelve month low of $23.01 and a twelve month high of $37.50. The company has a 50-day simple moving average of $31.95 and a 200 day simple moving average of $30.54. The stock has a market capitalization of $7.78 billion, a price-to-earnings ratio of 10.47 and a beta of 0.31.

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.