iShares MSCI Chile ETF Sees Unusually High Options Volume (BATS:ECH)

iShares MSCI Chile ETF (BATS:ECH) was the target of unusually large options trading activity on Friday. Traders bought 16,354 call options on the company. This is an increase of approximately 569% compared to the average daily volume of 2,445 call options.

Institutional Investors Weigh In On iShares MSCI Chile ETF

Several hedge funds and other institutional investors have recently made changes to their positions in ECH. Bank of Nova Scotia purchased a new position in shares of iShares MSCI Chile ETF in the third quarter worth approximately $29,875,000. JPMorgan Chase & Co. raised its position in iShares MSCI Chile ETF by 131.2% in the third quarter. JPMorgan Chase & Co. now owns 988,892 shares of the company’s stock worth $32,594,000 after acquiring an additional 561,165 shares during the period. Seldon Capital LP boosted its stake in shares of iShares MSCI Chile ETF by 326.8% during the 2nd quarter. Seldon Capital LP now owns 330,477 shares of the company’s stock worth $10,394,000 after acquiring an additional 253,051 shares during the last quarter. UBS Group AG grew its position in shares of iShares MSCI Chile ETF by 198.6% during the 3rd quarter. UBS Group AG now owns 306,250 shares of the company’s stock valued at $10,094,000 after acquiring an additional 203,681 shares during the period. Finally, Qube Research & Technologies Ltd purchased a new stake in shares of iShares MSCI Chile ETF in the 2nd quarter worth $2,273,000.

iShares MSCI Chile ETF Price Performance

Shares of ECH opened at $46.39 on Friday. The firm has a market capitalization of $937.16 million, a P/E ratio of 12.06 and a beta of 0.74. iShares MSCI Chile ETF has a one year low of $23.79 and a one year high of $33.26. The business has a fifty day moving average of $40.22 and a 200 day moving average of $35.31.

iShares MSCI Chile ETF Company Profile

iShares MSCI Chile Capped ETF, formerly iShares MSCI Chile Capped Investable Market 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 of the MSCI Chile Investable Market Index (the Index). The Index is a free float-adjusted market capitalization index that is designed to measure broad based equity market performance in Chile. The Index consists of stocks traded primarily on the Santiago Stock Exchange.