iShares MSCI South Korea ETF Target of Unusually High Options Trading (NYSEARCA:EWY)

iShares MSCI South Korea ETF (NYSEARCA:EWY) was the target of unusually large options trading on Friday. Investors purchased 9,292 put options on the stock. This is an increase of approximately 269% compared to the typical daily volume of 2,515 put options.

Institutional Trading of iShares MSCI South Korea ETF

Several hedge funds have recently bought and sold shares of EWY. American Century Companies Inc. acquired a new stake in iShares MSCI South Korea ETF in the 2nd quarter valued at approximately $4,489,000. Edgestream Partners L.P. bought a new position in shares of iShares MSCI South Korea ETF in the second quarter worth $203,000. Hsbc Holdings PLC increased its holdings in shares of iShares MSCI South Korea ETF by 49.7% during the second quarter. Hsbc Holdings PLC now owns 1,263,030 shares of the exchange traded fund’s stock valued at $83,474,000 after purchasing an additional 419,112 shares during the period. Pacer Advisors Inc. raised its stake in shares of iShares MSCI South Korea ETF by 4.8% during the second quarter. Pacer Advisors Inc. now owns 107,377 shares of the exchange traded fund’s stock valued at $7,097,000 after purchasing an additional 4,930 shares in the last quarter. Finally, DRW Securities LLC bought a new stake in shares of iShares MSCI South Korea ETF during the second quarter valued at about $9,861,000.

iShares MSCI South Korea ETF Stock Performance

EWY stock opened at $54.83 on Friday. iShares MSCI South Korea ETF has a 1 year low of $50.74 and a 1 year high of $69.51. The stock has a market capitalization of $4.35 billion, a price-to-earnings ratio of 9.60 and a beta of 1.25. The stock’s fifty day moving average is $54.87 and its two-hundred day moving average is $60.75.

iShares MSCI South Korea ETF Company Profile

iShares MSCI South Korea Capped ETF (the Fund) is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Korea 25/50 Index (the Index). The Index consists of stocks traded primarily on the Stock Market Division of the Korean Exchange.