Suvretta Capital Management LLC Invests $7.71 Million in iShares China Large-Cap ETF (NYSEARCA:FXI)

Suvretta Capital Management LLC purchased a new stake in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 242,500 shares of the exchange traded fund’s stock, valued at approximately $7,707,000. Suvretta Capital Management LLC owned approximately 0.13% of iShares China Large-Cap ETF at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Comerica Bank raised its stake in iShares China Large-Cap ETF by 482.8% during the 1st quarter. Comerica Bank now owns 10,263 shares of the exchange traded fund’s stock valued at $247,000 after buying an additional 8,502 shares during the last quarter. M&R Capital Management Inc. bought a new position in iShares China Large-Cap ETF in the third quarter valued at about $32,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of iShares China Large-Cap ETF during the 2nd quarter valued at about $39,000. Raymond James & Associates increased its position in shares of iShares China Large-Cap ETF by 59.0% during the 3rd quarter. Raymond James & Associates now owns 205,625 shares of the exchange traded fund’s stock valued at $6,535,000 after purchasing an additional 76,333 shares during the last quarter. Finally, Signaturefd LLC lifted its stake in shares of iShares China Large-Cap ETF by 55.1% in the 2nd quarter. Signaturefd LLC now owns 18,000 shares of the exchange traded fund’s stock worth $468,000 after purchasing an additional 6,398 shares during the period.

iShares China Large-Cap ETF Trading Up 2.7 %

Shares of FXI stock opened at $30.31 on Friday. iShares China Large-Cap ETF has a 12 month low of $20.86 and a 12 month high of $37.50. The stock has a market cap of $5.46 billion, a P/E ratio of 8.31 and a beta of 0.99. The company has a 50 day simple moving average of $31.55 and a two-hundred day simple moving average of $28.23.

iShares China Large-Cap ETF Company Profile

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.