Bank of Montreal Can Decreases Holdings in iShares China Large-Cap ETF (NYSEARCA:FXI)

Bank of Montreal Can lowered its position in iShares China Large-Cap ETF (NYSEARCA:FXI) by 32.6% during the third quarter, HoldingsChannel.com reports. The fund owned 4,426,410 shares of the exchange traded fund’s stock after selling 2,136,392 shares during the quarter. Bank of Montreal Can’s holdings in iShares China Large-Cap ETF were worth $142,398,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Eagle Bay Advisors LLC grew its holdings in iShares China Large-Cap ETF by 19.0% in the second quarter. Eagle Bay Advisors LLC now owns 3,343 shares of the exchange traded fund’s stock valued at $87,000 after purchasing an additional 533 shares during the last quarter. Capital Investment Counsel Inc increased its holdings in iShares China Large-Cap ETF by 2.3% during the 2nd quarter. Capital Investment Counsel Inc now owns 25,042 shares of the exchange traded fund’s stock valued at $651,000 after acquiring an additional 552 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in iShares China Large-Cap ETF by 6.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 9,869 shares of the exchange traded fund’s stock worth $256,000 after acquiring an additional 597 shares during the last quarter. M&R Capital Management Inc. purchased a new stake in shares of iShares China Large-Cap ETF in the third quarter valued at about $32,000. Finally, ORG Partners LLC purchased a new stake in shares of iShares China Large-Cap ETF in the third quarter valued at about $32,000.

iShares China Large-Cap ETF Price Performance

Shares of FXI opened at $29.70 on Tuesday. iShares China Large-Cap ETF has a 1-year low of $20.86 and a 1-year high of $37.50. The stock has a market cap of $5.35 billion, a price-to-earnings ratio of 8.31 and a beta of 0.99. The firm has a 50 day simple moving average of $31.33 and a 200-day simple moving average of $28.19.

iShares China Large-Cap ETF 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.