iShares MSCI South Korea ETF Target of Unusually High Options Trading (NYSEARCA:EWY)

iShares MSCI South Korea ETF (NYSEARCA:EWY) was the recipient of unusually large options trading activity on Monday. Stock investors bought 121,163 call options on the company. This is an increase of approximately 1,320% compared to the typical daily volume of 8,532 call options.

iShares MSCI South Korea ETF Stock Performance

NYSEARCA:EWY opened at $92.73 on Tuesday. The stock’s fifty day moving average price is $91.57 and its two-hundred day moving average price is $79.61. The company has a market cap of $6.70 billion, a price-to-earnings ratio of 10.35 and a beta of 1.22. iShares MSCI South Korea ETF has a 52-week low of $48.49 and a 52-week high of $100.79.

Institutional Investors Weigh In On iShares MSCI South Korea ETF

Institutional investors have recently modified their holdings of the business. Banque Transatlantique SA bought a new stake in iShares MSCI South Korea ETF in the first quarter valued at about $25,000. National Bank of Canada FI lifted its holdings in shares of iShares MSCI South Korea ETF by 103.9% in the third quarter. National Bank of Canada FI now owns 579 shares of the exchange traded fund’s stock valued at $46,000 after purchasing an additional 295 shares in the last quarter. CWM LLC lifted its stake in iShares MSCI South Korea ETF by 328.8% in the 2nd quarter. CWM LLC now owns 596 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 457 shares in the last quarter. Ameritas Advisory Services LLC acquired a new position in iShares MSCI South Korea ETF during the second quarter worth $76,000. Finally, FLP Wealth Management LLC acquired a new position in shares of iShares MSCI South Korea ETF during the 3rd quarter worth about $103,000. Institutional investors and hedge funds own 49.22% of the company’s stock.

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.