Investors Purchase Large Volume of iShares MSCI South Korea ETF Put Options (NYSEARCA:EWY)

iShares MSCI South Korea ETF (NYSEARCA:EWY) was the recipient of unusually large options trading on Monday. Stock traders bought 21,227 put options on the stock. This is an increase of 42% compared to the typical volume of 14,995 put options.

iShares MSCI South Korea ETF Price Performance

Shares of EWY stock opened at $120.93 on Tuesday. The stock’s 50-day moving average is $102.14 and its 200 day moving average is $88.70. iShares MSCI South Korea ETF has a 1-year low of $48.49 and a 1-year high of $126.32. The company has a market cap of $11.75 billion, a P/E ratio of 10.35 and a beta of 1.22.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Van Berkom & Associates Inc. purchased a new stake in iShares MSCI South Korea ETF during the fourth quarter valued at approximately $50,000. Benjamin Edwards Inc. acquired a new position in shares of iShares MSCI South Korea ETF during the fourth quarter worth $1,881,000. Horizon Investments LLC lifted its holdings in shares of iShares MSCI South Korea ETF by 4,270,966.7% during the 4th quarter. Horizon Investments LLC now owns 384,396 shares of the exchange traded fund’s stock valued at $37,371,000 after purchasing an additional 384,387 shares during the last quarter. Mutual Advisors LLC purchased a new position in iShares MSCI South Korea ETF during the 4th quarter worth $213,000. Finally, Innealta Capital LLC increased its position in iShares MSCI South Korea ETF by 21.4% during the 4th quarter. Innealta Capital LLC now owns 36,059 shares of the exchange traded fund’s stock valued at $3,506,000 after buying an additional 6,362 shares in the last quarter. Hedge funds and other 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.