Wharton Business Group LLC Buys Shares of 42,183 iShares China Large-Cap ETF (NYSEARCA:FXI)

Wharton Business Group LLC bought a new stake in iShares China Large-Cap ETF (NYSEARCA:FXI – Get Rating) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 42,183 shares of the exchange traded fund’s stock, valued at approximately $1,543,000.

Several other institutional investors also recently made changes to their positions in FXI. Spire Wealth Management raised its stake in shares of iShares China Large-Cap ETF by 34.5% during the 4th quarter. Spire Wealth Management now owns 1,068 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 274 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares China Large-Cap ETF by 1,157.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,383 shares of the exchange traded fund’s stock worth $50,000 after purchasing an additional 1,273 shares in the last quarter. Ancora Advisors LLC raised its stake in shares of iShares China Large-Cap ETF by 1,500.0% during the 3rd quarter. Ancora Advisors LLC now owns 1,600 shares of the exchange traded fund’s stock worth $62,000 after purchasing an additional 1,500 shares in the last quarter. Evoke Wealth LLC bought a new stake in shares of iShares China Large-Cap ETF during the 3rd quarter worth approximately $99,000. Finally, Retirement Planning Co of New England Inc. bought a new stake in shares of iShares China Large-Cap ETF during the 4th quarter worth approximately $145,000.

Shares of FXI stock traded up $0.32 during trading on Tuesday, reaching $28.33. 44,311,582 shares of the company’s stock were exchanged, compared to its average volume of 44,984,207. iShares China Large-Cap ETF has a twelve month low of $26.13 and a twelve month high of $47.59. The firm’s fifty day moving average price is $31.29 and its 200-day moving average price is $35.70.

Separately, Credit Suisse Group upgraded iShares China Large-Cap ETF from a “neutral” rating to an “outperform” rating in a research note on Thursday, March 17th.

iShares China Large-Cap ETF Profile (Get Rating)

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.

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