iShares MSCI South Korea ETF Sees Unusually Large Options Volume (NYSEARCA:EWY)

iShares MSCI South Korea ETF (NYSEARCA:EWY) was the target of unusually large options trading activity on Tuesday. Stock investors purchased 15,063 call options on the company. This is an increase of 123% compared to the average daily volume of 6,762 call options.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of EWY. The Manufacturers Life Insurance Company bought a new position in shares of iShares MSCI South Korea ETF during the 4th quarter valued at approximately $216,000. Cetera Investment Advisers bought a new position in shares of iShares MSCI South Korea ETF during the 4th quarter valued at approximately $422,000. Deutsche Bank AG grew its position in shares of iShares MSCI South Korea ETF by 21.1% during the 4th quarter. Deutsche Bank AG now owns 1,083 shares of the exchange traded fund’s stock valued at $55,000 after acquiring an additional 189 shares during the period. Millennium Management LLC grew its position in shares of iShares MSCI South Korea ETF by 634.9% during the 4th quarter. Millennium Management LLC now owns 184,438 shares of the exchange traded fund’s stock valued at $9,386,000 after acquiring an additional 159,341 shares during the period. Finally, Silvercrest Asset Management Group LLC grew its position in shares of iShares MSCI South Korea ETF by 12.8% during the 4th quarter. Silvercrest Asset Management Group LLC now owns 112,382 shares of the exchange traded fund’s stock valued at $5,719,000 after acquiring an additional 12,716 shares during the period. 49.22% of the stock is owned by institutional investors.

iShares MSCI South Korea ETF Stock Up 1.9%

iShares MSCI South Korea ETF stock opened at $80.69 on Wednesday. iShares MSCI South Korea ETF has a twelve month low of $48.49 and a twelve month high of $80.75. The firm has a 50 day moving average price of $73.54 and a 200-day moving average price of $64.47. The company has a market capitalization of $5.79 billion, a P/E ratio of 10.35 and a beta of 1.05.

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.