Investors Purchase High Volume of iShares MSCI Canada ETF Put Options (NYSEARCA:EWC)

iShares MSCI Canada ETF (NYSEARCA:EWC) was the recipient of unusually large options trading on Friday. Stock investors acquired 130,400 put options on the company. This represents an increase of 1,456% compared to the typical daily volume of 8,382 put options.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Steward Partners Investment Advisory LLC raised its stake in iShares MSCI Canada ETF by 636.5% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 8,293 shares of the exchange traded fund’s stock valued at $334,000 after buying an additional 7,167 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in iShares MSCI Canada ETF by 1.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 88,961 shares of the exchange traded fund’s stock valued at $3,585,000 after buying an additional 1,039 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in iShares MSCI Canada ETF by 9.3% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 23,370 shares of the exchange traded fund’s stock valued at $942,000 after buying an additional 1,995 shares during the last quarter. Jones Financial Companies Lllp raised its stake in iShares MSCI Canada ETF by 2,355.5% during the fourth quarter. Jones Financial Companies Lllp now owns 5,181 shares of the exchange traded fund’s stock valued at $209,000 after buying an additional 4,970 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its stake in iShares MSCI Canada ETF by 10.4% during the fourth quarter. Russell Investments Group Ltd. now owns 76,896 shares of the exchange traded fund’s stock valued at $3,099,000 after buying an additional 7,220 shares during the last quarter.

iShares MSCI Canada ETF Stock Performance

Shares of EWC stock opened at $45.10 on Friday. The firm has a market cap of $2.85 billion, a P/E ratio of 20.90 and a beta of 0.95. iShares MSCI Canada ETF has a fifty-two week low of $35.74 and a fifty-two week high of $46.11. The business’s 50 day moving average price is $43.64 and its 200-day moving average price is $41.82.

About iShares MSCI Canada ETF

iShares MSCI Canada ETF (the Fund), formerly iShares MSCI Canada Index Fund, is an exchange-traded fund (ETF). 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 Canadian market, as measured by the MSCI Canada Index (the Index).