iShares MSCI Germany ETF Target of Unusually Large Options Trading (NYSEARCA:EWG)

iShares MSCI Germany ETF (NYSEARCA:EWG) saw unusually large options trading on Friday. Stock investors acquired 8,496 call options on the company. This is an increase of approximately 309% compared to the typical daily volume of 2,077 call options.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. JPL Wealth Management LLC acquired a new stake in shares of iShares MSCI Germany ETF in the third quarter worth approximately $28,000. AlphaCore Capital LLC acquired a new position in iShares MSCI Germany ETF during the first quarter worth approximately $32,000. Berbice Capital Management LLC raised its stake in iShares MSCI Germany ETF by 60.0% during the second quarter. Berbice Capital Management LLC now owns 800 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 300 shares during the period. Allworth Financial LP boosted its holdings in shares of iShares MSCI Germany ETF by 146.9% in the 2nd quarter. Allworth Financial LP now owns 842 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 501 shares during the last quarter. Finally, Stone House Investment Management LLC purchased a new stake in shares of iShares MSCI Germany ETF during the 1st quarter valued at $37,000. Institutional investors and hedge funds own 53.42% of the company’s stock.

iShares MSCI Germany ETF Stock Up 0.8%

Shares of NYSEARCA:EWG opened at $40.92 on Friday. The company has a market cap of $2.00 billion, a P/E ratio of 17.79 and a beta of 1.03. The business has a fifty day simple moving average of $41.13 and a 200-day simple moving average of $41.57. iShares MSCI Germany ETF has a 52 week low of $31.49 and a 52 week high of $43.31.

iShares MSCI Germany ETF Company Profile

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