iShares FTSE/Xinhua China 25 Index (ETF) (NYSEARCA:FXI) Gains 1.1 % Yesterday

971

Dallas, Texas 01/09/2014 (FINANCIALSTRENDS) – iShares FTSE/Xinhua China 25 Index (ETF) (NYSEARCA:FXI) is an exchange traded fund which has garnered a market cap of $5.82 billion. It was previously known as FTSE China 25 Index Fund. It bench marks its gains and returns against the yield and price appreciation posted by the FTSE China 25 Index. The FTSE index tracks the performance of Chinese equity market exposed companies. The underlying Index consists of 25 Chinese companies. The fund has retained the services of BlackRock Fund Advisors (BFA) as its in house advisory team to finalize its investment approach. As part of this investment portfolio, the investment fund invests in “Financials, Telecommunication, Oil & gas, Technology and Consumer goods” stock.

iShares FTSE/Xinhua China 25 Index (ETF) (NYSEARCA:FXI) stock during January 8, posted net gains of 1.19 percent during yesterday, there by recovering slightly ,the close to 5 percent loss the stock had experienced in the past one week of trading. As of close of business on January 8, the share price of iShares FTSE/Xinhua China 25 Index (ETF) (NYSEARCA:FXI) had settled at $36.45 per share which is just 10.32 percent below its 52 week high price points. The stock has been trading range bound between $30.48 and $40.65 per share over the past 12 months.  At current price points, the stock has been trading 19.6 percent up from its prior 52 week low price points.

In the past year iShares FTSE/Xinhua China 25 Index (ETF) (NYSEARCA:FXI) stock has paid out dividend of $0.85 per share to its share holders, which translates to a 2.33 percent annual dividend yield. In the same 12 month period, the ETF has been struggling to post significant gains at the browsers. In the past 365 days, investors in the ETF have seen their holdings go down by 7.3 percent.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.