Investors Buy Large Volume of Call Options on iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) was the target of some unusual options trading activity on Thursday. Investors acquired 313,927 call options on the company. This is an increase of approximately 67% compared to the average daily volume of 188,000 call options.

iShares MSCI Emerging Markets ETF Trading Up 1.5%

NYSEARCA EEM opened at $52.29 on Friday. iShares MSCI Emerging Markets ETF has a 52 week low of $38.19 and a 52 week high of $52.32. The stock has a market cap of $19.88 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. The company has a 50-day moving average price of $49.55 and a two-hundred day moving average price of $46.42.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 1.7% in the 4th quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock valued at $4,959,000 after acquiring an additional 1,940 shares in the last quarter. Deutsche Bank AG lifted its position in iShares MSCI Emerging Markets ETF by 8.7% in the 4th quarter. Deutsche Bank AG now owns 962,487 shares of the exchange traded fund’s stock worth $40,251,000 after buying an additional 77,003 shares in the last quarter. NorthRock Partners LLC lifted its position in iShares MSCI Emerging Markets ETF by 60.8% in the 4th quarter. NorthRock Partners LLC now owns 9,658 shares of the exchange traded fund’s stock worth $404,000 after buying an additional 3,652 shares in the last quarter. Point72 Europe London LLP purchased a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $5,696,000. Finally, Snowden Capital Advisors LLC lifted its position in iShares MSCI Emerging Markets ETF by 3.3% in the 4th quarter. Snowden Capital Advisors LLC now owns 7,485 shares of the exchange traded fund’s stock worth $313,000 after buying an additional 236 shares in the last quarter. 81.39% of the stock is currently owned by institutional investors.

About iShares MSCI Emerging Markets ETF

iShares MSCI Emerging Markets ETF, formerly iShares MSCI Emerging Markets Index Fund (the Fund), seeks investment results that correspond generally to the price and yield performance of publicly traded equity securities in global emerging markets, as measured by the MSCI Emerging Markets Index (the Index).