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

iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) was the target of some unusual options trading activity on Friday. Investors purchased 288,922 call options on the stock. This is an increase of approximately 47% compared to the average volume of 196,165 call options.

Institutional Investors Weigh In On iShares MSCI Emerging Markets ETF

Several large investors have recently made changes to their positions in EEM. Brighton Jones LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 1.7% in the fourth quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock worth $4,959,000 after acquiring an additional 1,940 shares in the last quarter. Tidal Investments LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at $251,000. Toronto Dominion Bank grew its holdings in iShares MSCI Emerging Markets ETF by 21.5% during the 4th quarter. Toronto Dominion Bank now owns 5,973 shares of the exchange traded fund’s stock valued at $249,000 after purchasing an additional 1,058 shares in the last quarter. Ascent Group LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at $230,000. Finally, Integrated Advisors Network LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at $230,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM stock opened at $52.81 on Friday. iShares MSCI Emerging Markets ETF has a one year low of $38.19 and a one year high of $53.67. The company has a 50 day moving average price of $50.45 and a 200 day moving average price of $47.05. The firm has a market capitalization of $20.08 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74.

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).