iShares MSCI Germany ETF Sees Unusually High Options Volume (NYSEARCA:EWG)

iShares MSCI Germany ETF (NYSEARCA:EWG) saw some unusual options trading on Thursday. Traders bought 20,183 put options on the stock. This is an increase of 511% compared to the typical volume of 3,305 put options.

Institutional Investors Weigh In On iShares MSCI Germany ETF

Several large investors have recently added to or reduced their stakes in EWG. Allworth Financial LP lifted its stake in iShares MSCI Germany ETF by 88.9% in the fourth quarter. Allworth Financial LP now owns 646 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 304 shares during the last quarter. MV Capital Management Inc. bought a new position in shares of iShares MSCI Germany ETF during the fourth quarter worth about $28,000. JPL Wealth Management LLC bought a new position in shares of iShares MSCI Germany ETF during the third quarter worth about $28,000. Geneos Wealth Management Inc. acquired a new stake in shares of iShares MSCI Germany ETF in the 4th quarter worth about $31,000. Finally, Berbice Capital Management LLC increased its holdings in shares of iShares MSCI Germany ETF by 60.0% in the 2nd quarter. Berbice Capital Management LLC now owns 800 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 300 shares during the period. 53.42% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Germany ETF Trading Down 0.7%

Shares of iShares MSCI Germany ETF stock opened at $39.90 on Friday. The stock has a market capitalization of $1.63 billion, a price-to-earnings ratio of 17.79 and a beta of 1.03. iShares MSCI Germany ETF has a twelve month low of $32.82 and a twelve month high of $44.65. The business’s 50 day simple moving average is $42.08 and its 200-day simple moving average is $41.82.

About iShares MSCI Germany ETF

iShares MSCI Germany ETF, formerly iShares MSCI Germany 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, before fees and expenses, of publicly traded securities in the German market, as measured by the MSCI Germany Index (the Index). The Index seeks to measure the performance of the Germany equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.