Lake Hills Wealth Management LLC Cuts Position in iShares China Large-Cap ETF (NYSEARCA:FXI)

Lake Hills Wealth Management LLC lowered its stake in iShares China Large-Cap ETF (NYSEARCA:FXI) by 8.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 239,355 shares of the exchange traded fund’s stock after selling 22,073 shares during the quarter. iShares China Large-Cap ETF accounts for approximately 5.0% of Lake Hills Wealth Management LLC’s portfolio, making the stock its 3rd largest position. Lake Hills Wealth Management LLC owned approximately 0.13% of iShares China Large-Cap ETF worth $7,286,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of FXI. Franklin Resources Inc. bought a new stake in shares of iShares China Large-Cap ETF during the third quarter valued at approximately $31,000. M&R Capital Management Inc. bought a new stake in iShares China Large-Cap ETF during the 3rd quarter valued at $32,000. ORG Partners LLC acquired a new position in iShares China Large-Cap ETF during the third quarter worth $32,000. Centennial Bank AR acquired a new position in iShares China Large-Cap ETF during the third quarter worth $48,000. Finally, Farther Finance Advisors LLC lifted 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 buying an additional 1,680 shares in the last quarter.

iShares China Large-Cap ETF Price Performance

NYSEARCA:FXI opened at $30.53 on Thursday. iShares China Large-Cap ETF has a one year low of $21.33 and a one year high of $37.50. The company has a market cap of $5.50 billion, a PE ratio of 8.31 and a beta of 0.99. The firm has a 50-day moving average of $30.38 and a 200-day moving average of $29.16.

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.