iShares MSCI Brazil ETF Sees Unusually High Options Volume (NYSEARCA:EWZ)

iShares MSCI Brazil ETF (NYSEARCA:EWZ) was the target of unusually large options trading on Thursday. Stock traders bought 189,878 call options on the stock. This is an increase of 53% compared to the typical daily volume of 123,736 call options.

iShares MSCI Brazil ETF Price Performance

Shares of NYSEARCA:EWZ opened at $34.72 on Friday. The business has a fifty day moving average price of $31.47 and a 200-day moving average price of $29.41. The company has a market capitalization of $6.71 billion, a PE ratio of 9.58 and a beta of 0.87. iShares MSCI Brazil ETF has a 1-year low of $22.26 and a 1-year high of $34.80.

Institutional Trading of iShares MSCI Brazil ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Truxt Investmentos Ltda. bought a new position in shares of iShares MSCI Brazil ETF in the third quarter worth approximately $25,000. Ameriflex Group Inc. raised its holdings in iShares MSCI Brazil ETF by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 880 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 440 shares during the last quarter. Aberdeen Wealth Management LLC purchased a new position in iShares MSCI Brazil ETF in the 2nd quarter worth approximately $29,000. Private Trust Co. NA lifted its position in iShares MSCI Brazil ETF by 114.4% in the 3rd quarter. Private Trust Co. NA now owns 1,072 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 572 shares in the last quarter. Finally, WealthShield Partners LLC purchased a new stake in iShares MSCI Brazil ETF during the 1st quarter valued at $37,000. 72.69% of the stock is currently owned by institutional investors.

iShares MSCI Brazil ETF Company Profile

iShares MSCI Brazil Capped Index Fund (the Fund), formerly iShares MSCI Brazil Index 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 Brazilian market, as measured by the MSCI Brazil Index (the Index).