iShares MSCI Mexico ETF Sees Unusually Large Options Volume (NYSEARCA:EWW)

iShares MSCI Mexico ETF (NYSEARCA:EWW) was the target of unusually large options trading on Monday. Traders purchased 57,371 call options on the company. This represents an increase of approximately 5,649% compared to the average daily volume of 998 call options.

iShares MSCI Mexico ETF Price Performance

NYSEARCA EWW traded down $0.21 during trading hours on Monday, reaching $70.48. 1,952,243 shares of the company’s stock traded hands, compared to its average volume of 2,042,957. iShares MSCI Mexico ETF has a 52-week low of $46.41 and a 52-week high of $71.60. The firm has a 50-day simple moving average of $67.06 and a 200 day simple moving average of $63.78. The firm has a market cap of $2.14 billion, a PE ratio of 12.85 and a beta of 0.91.

Hedge Funds Weigh In On iShares MSCI Mexico ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Amundi grew its position in shares of iShares MSCI Mexico ETF by 275.3% during the 1st quarter. Amundi now owns 265,700 shares of the exchange traded fund’s stock worth $14,417,000 after buying an additional 194,900 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in iShares MSCI Mexico ETF by 51.6% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 11,391 shares of the exchange traded fund’s stock valued at $703,000 after acquiring an additional 3,879 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. purchased a new position in iShares MSCI Mexico ETF in the second quarter worth $290,000. Flow Traders U.S. LLC acquired a new position in shares of iShares MSCI Mexico ETF during the second quarter worth $1,260,000. Finally, Richard W. Paul & Associates LLC purchased a new stake in shares of iShares MSCI Mexico ETF during the 2nd quarter valued at $376,000.

About iShares MSCI Mexico ETF

iShares MSCI Mexico Capped ETF (the Fund), formerly iShares MSCI Mexico Capped Investable Market Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Mexico IMI 25/50 Index (the Index). The Index consists of stocks traded primarily on the Mexican Stock Exchange.