Traders Buy Large Volume of Call Options on iShares MSCI South Korea ETF (NYSEARCA:EWY)

iShares MSCI South Korea ETF (NYSEARCA:EWY) was the recipient of some unusual options trading on Wednesday. Stock traders acquired 53,018 call options on the stock. This is an increase of approximately 53% compared to the average volume of 34,638 call options.

iShares MSCI South Korea ETF Price Performance

Shares of EWY stock opened at $134.37 on Thursday. The stock has a market cap of $13.22 billion, a PE ratio of 10.35 and a beta of 1.22. The stock has a 50-day moving average of $120.68 and a 200-day moving average of $98.02. iShares MSCI South Korea ETF has a one year low of $48.49 and a one year high of $154.22.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Knights of Columbus Asset Advisors LLC grew its position in iShares MSCI South Korea ETF by 2.4% in the third quarter. Knights of Columbus Asset Advisors LLC now owns 5,820 shares of the exchange traded fund’s stock valued at $466,000 after purchasing an additional 138 shares in the last quarter. Guidance Capital Inc. increased its position in shares of iShares MSCI South Korea ETF by 2.4% in the third quarter. Guidance Capital Inc. now owns 6,221 shares of the exchange traded fund’s stock valued at $498,000 after acquiring an additional 146 shares during the last quarter. Diversify Advisory Services LLC increased its position in shares of iShares MSCI South Korea ETF by 1.9% in the fourth quarter. Diversify Advisory Services LLC now owns 8,769 shares of the exchange traded fund’s stock valued at $853,000 after acquiring an additional 162 shares during the last quarter. Creative Planning raised its holdings in iShares MSCI South Korea ETF by 3.6% during the second quarter. Creative Planning now owns 5,021 shares of the exchange traded fund’s stock worth $360,000 after acquiring an additional 176 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in iShares MSCI South Korea ETF by 5.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,844 shares of the exchange traded fund’s stock valued at $374,000 after purchasing an additional 184 shares during the last quarter. 49.22% of the stock is currently owned by institutional investors.

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. The Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no issuer of a component exceeds 25% of the Index weight and all issuers with weight above 5% do not exceed 50% of the Index weight.