November 16, 2016 - By Marie Mckinney · 0 Comments
Nov 16 is a negative day so far for iShares China Large-Cap (NYSEARCA:FXI) as the ETF is active during the day after losing 1.19% to hit $35.83 per share. The exchange traded fund has 3.62 billion net assets and 1.09% volatility this month.
Over the course of the day 6.10 million shares traded hands, as compared to an average volume of 20.31M over the last 30 days for iShares China Large-Cap (NYSEARCA:FXI).
The ETF is -8.14% of its 52-Week High and 28.99% of its low, and is currently having ATR of 0.65. This year’s performance is 2.71% while this quarter’s performance is -5.22%.
The ETF’s YTD performance is 5.21%, the 1 year is -0.88% and the 3 year is 1.56%.
The ETF’s average P/E ratio is 9.67, the price to book is 1.07, the price to sales is 1.11 and the price to cashflow is 2.41. It was started on 10/08/2004. The fund’s top holdings are: TENCENT HLDGS LTD HKD0.00002 for 9.09% of assets, CHINA CONST BK ‘H’CNY1 for 8.79%, CHINA MOBILE LTD NPV for 8.13%, IND & COM BK CHINA ‘H’CNY1 for 6.12%, BANK OF CHINA LTD ‘H’CNY1 for 5.03%, PING AN INSURANCE ‘H’CNY1 for 4.49%, CNOOC LTD NPV for 4.07%, CHINA PETROLEUM & ‘H’CNY1 for 3.89%, CHINA LIFE INSURAN ‘H’CNY1 for 3.64%, PETROCHINA CO ‘H’CNY1 for 3.22%. The ETF sector weights are: Basic Materials 4.66%, Consumer Cyclical 2.28%, Financial Services 47.72%, Realestate 5.75%, Consumer Defensive 1.30%, Healthcare 1.14%, Utilities 1.24%, Communication Services 11.58%, Energy 11.28%, Industrials 3.87%, Technology 9.17%. The ETF currently as yield.
More notable recent iShares FTSE Xinhua China 25 Index (ETF) (NYSEARCA:FXI) news were published by: Benzinga.com which released: “China Stock Markets Trade Mixed” on November 16, 2016, also Benzinga.com with their article: “China Markets Down; Yuan Drops To Near Eight-Year Low” published on November 15, 2016, Etfdailynews.com published: “Is Inflation China’s Most Dangerous Export?” on November 02, 2016. More interesting news about iShares FTSE Xinhua China 25 Index (ETF) (NYSEARCA:FXI) were released by: Investorplace.com and their article: “Play the Dive in the iShares FTSE/Xinhua China 25 Index (ETF) (NYSEARCA:FXI)” published on April 17, 2015 as well as Etfdailynews.com‘s news article titled: “China’s Q3 GDP Growth Stays Steady at 6.7%, Thanks To Gov’t Intervention” with publication date: October 19, 2016.
iShares China Large-Cap ETF is an exchange-traded fund. The ETF has a market cap of $3.62 billion. 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). It currently has negative earnings. The Fund’s portfolio of sectors include Financials, Telecommunication, Oil & gas, Technology and Consumer goods.
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By Marie Mckinney