iShares MSCI Canada ETF Sees Unusually Large Options Volume (NYSEARCA:EWC)

iShares MSCI Canada ETF (NYSEARCA:EWC) saw some unusual options trading on Friday. Stock investors purchased 20,117 put options on the stock. This is an increase of approximately 357% compared to the typical daily volume of 4,406 put options.

iShares MSCI Canada ETF Stock Performance

Shares of NYSEARCA:EWC opened at $57.98 on Friday. The firm has a market cap of $4.29 billion, a price-to-earnings ratio of 19.77 and a beta of 0.94. The firm has a fifty day moving average price of $55.42 and a 200 day moving average price of $52.19. iShares MSCI Canada ETF has a fifty-two week low of $36.70 and a fifty-two week high of $58.78.

Institutional Trading of iShares MSCI Canada ETF

A number of large investors have recently added to or reduced their stakes in EWC. Lunt Capital Management Inc. grew its holdings in shares of iShares MSCI Canada ETF by 4.3% in the fourth quarter. Lunt Capital Management Inc. now owns 4,700 shares of the exchange traded fund’s stock valued at $253,000 after purchasing an additional 195 shares in the last quarter. Dearborn Partners LLC grew its stake in shares of iShares MSCI Canada ETF by 2.4% in the 4th quarter. Dearborn Partners LLC now owns 8,700 shares of the exchange traded fund’s stock worth $469,000 after buying an additional 200 shares in the last quarter. CIBC Private Wealth Group LLC increased its holdings in shares of iShares MSCI Canada ETF by 10.1% in the 4th quarter. CIBC Private Wealth Group LLC now owns 2,201 shares of the exchange traded fund’s stock worth $119,000 after buying an additional 202 shares during the last quarter. Creative Planning increased its holdings in shares of iShares MSCI Canada ETF by 1.9% in the 3rd quarter. Creative Planning now owns 12,888 shares of the exchange traded fund’s stock worth $652,000 after buying an additional 245 shares during the last quarter. Finally, Community Financial Services Group LLC raised its position in shares of iShares MSCI Canada ETF by 1.3% during the 3rd quarter. Community Financial Services Group LLC now owns 21,787 shares of the exchange traded fund’s stock valued at $1,101,000 after buying an additional 275 shares in the last quarter.

iShares MSCI Canada ETF Company Profile

iShares MSCI Canada ETF (the Fund), formerly iShares MSCI Canada Index Fund, is an exchange-traded fund (ETF). 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 Canadian market, as measured by the MSCI Canada Index (the Index). The Index seeks to measure the performance of the Canadian equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.