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

iShares MSCI South Korea ETF (NYSEARCA:EWY) was the target of some unusual options trading on Friday. Stock investors acquired 135,744 put options on the company. This represents an increase of 221% compared to the average daily volume of 42,255 put options.

iShares MSCI South Korea ETF Stock Performance

Shares of NYSEARCA:EWY opened at $126.73 on Friday. The company’s fifty day moving average is $121.92 and its two-hundred day moving average is $98.59. iShares MSCI South Korea ETF has a 1-year low of $48.49 and a 1-year high of $154.22. The stock has a market capitalization of $12.46 billion, a price-to-earnings ratio of 10.35 and a beta of 1.22.

Institutional Trading of iShares MSCI South Korea ETF

Several hedge funds have recently made changes to their positions in the stock. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in iShares MSCI South Korea ETF during the 4th quarter valued at about $26,000. Nvwm LLC acquired a new position in shares of iShares MSCI South Korea ETF during the fourth quarter worth approximately $29,000. Intesa Sanpaolo Wealth Management bought a new position in iShares MSCI South Korea ETF in the 4th quarter worth approximately $31,000. Berbice Capital Management LLC acquired a new stake in iShares MSCI South Korea ETF in the 4th quarter valued at approximately $34,000. Finally, Strategic Advocates LLC bought a new stake in iShares MSCI South Korea ETF during the 4th quarter valued at $38,000. Institutional investors 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. 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.