Traders Purchase Large Volume of iShares MSCI Spain ETF Put Options (NYSEARCA:EWP)

iShares MSCI Spain ETF (NYSEARCA:EWP) was the recipient of unusually large options trading activity on Tuesday. Traders bought 2,400 put options on the stock. This represents an increase of approximately 3,143% compared to the average daily volume of 74 put options.

iShares MSCI Spain ETF Price Performance

iShares MSCI Spain ETF stock opened at $43.50 on Wednesday. The firm has a 50 day simple moving average of $39.23 and a 200-day simple moving average of $35.35. The stock has a market capitalization of $1.27 billion, a PE ratio of 11.10 and a beta of 0.85. iShares MSCI Spain ETF has a 12-month low of $30.33 and a 12-month high of $43.50.

Institutional Trading of iShares MSCI Spain ETF

A number of large investors have recently added to or reduced their stakes in EWP. CX Institutional acquired a new stake in shares of iShares MSCI Spain ETF in the 1st quarter valued at $31,000. Steward Partners Investment Advisory LLC acquired a new stake in shares of iShares MSCI Spain ETF in the 4th quarter valued at $61,000. Global Retirement Partners LLC acquired a new stake in shares of iShares MSCI Spain ETF in the 4th quarter valued at $88,000. Creative Financial Designs Inc. ADV lifted its stake in shares of iShares MSCI Spain ETF by 78.4% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 4,092 shares of the exchange traded fund’s stock valued at $127,000 after purchasing an additional 1,798 shares during the last quarter. Finally, Cetera Investment Advisers acquired a new stake in shares of iShares MSCI Spain ETF in the 1st quarter valued at $208,000.

About iShares MSCI Spain ETF

iShares MSCI Spain Capped ETF, formerly iShares MSCI Spain Index Fund, is an exchange-traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Spanish market, as measured by the MSCI Spain Index (the Index).