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JD.com, Inc. (NASDAQ:JD) is E Fund Management Hong Kong Co. Ltd.’s Largest Position

News Snapshot:

E Fund Management Hong Kong Co. Ltd. cut its stake in JD.com, Inc. (NASDAQ:JD) by 4.1% during the second quarter, HoldingsChannel reports. The fund owned 221,979 shares of the information services provider’s stock after selling 9,581 shares during the quarter. JD.com comprises approximately 11.0% of E Fund Management Hong Kong Co. Ltd.’s holdings, making the stock its biggest position. E Fund Management Hong Kong Co. Ltd.’s holdings in JD.com were worth $17,716,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors also recently bought and sold shares of JD. Harbor Investment Advisory LLC increased…

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