Traders Buy Large Volume of iShares MSCI South Korea ETF Call Options (NYSEARCA:EWY)

iShares MSCI South Korea ETF (NYSEARCA:EWY) was the recipient of unusually large options trading on Monday. Stock investors bought 29,274 call options on the stock. This is an increase of 890% compared to the typical volume of 2,957 call options.

Hedge Funds Weigh In On iShares MSCI South Korea ETF

Institutional investors have recently modified their holdings of the business. Sumitomo Mitsui Trust Group Inc. purchased a new position in iShares MSCI South Korea ETF in the fourth quarter valued at approximately $233,000. Sender Co & Partners Inc. purchased a new stake in shares of iShares MSCI South Korea ETF during the fourth quarter worth $4,326,000. Bank of America Corp DE lifted its position in shares of iShares MSCI South Korea ETF by 113.1% during the fourth quarter. Bank of America Corp DE now owns 2,012,789 shares of the exchange traded fund’s stock worth $102,431,000 after acquiring an additional 1,068,280 shares in the last quarter. Nan Fung Trinity HK Ltd. lifted its position in shares of iShares MSCI South Korea ETF by 24.8% during the fourth quarter. Nan Fung Trinity HK Ltd. now owns 920,800 shares of the exchange traded fund’s stock worth $46,860,000 after acquiring an additional 182,700 shares in the last quarter. Finally, Assetmark Inc. lifted its position in shares of iShares MSCI South Korea ETF by 6,375.0% during the fourth quarter. Assetmark Inc. now owns 777 shares of the exchange traded fund’s stock worth $40,000 after acquiring an additional 765 shares in the last quarter.

iShares MSCI South Korea ETF Stock Up 1.4%

EWY stock opened at $66.48 on Tuesday. The firm has a market cap of $3.82 billion, a PE ratio of 10.07 and a beta of 1.12. The business has a 50 day moving average of $57.15 and a 200-day moving average of $55.84. iShares MSCI South Korea ETF has a 12-month low of $48.49 and a 12-month high of $69.52.

About iShares MSCI South Korea ETF

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.