Stock Traders Purchase High Volume of iShares MSCI Chile ETF Call Options (BATS:ECH)

iShares MSCI Chile ETF (BATS:ECH) saw some unusual options trading on Tuesday. Stock traders acquired 9,039 call options on the stock. This represents an increase of 412% compared to the typical daily volume of 1,765 call options.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Sigma Planning Corp raised its holdings in iShares MSCI Chile ETF by 27.5% in the second quarter. Sigma Planning Corp now owns 12,134 shares of the company’s stock worth $382,000 after buying an additional 2,619 shares during the last quarter. Natixis increased its holdings in iShares MSCI Chile ETF by 51.5% during the second quarter. Natixis now owns 56,988 shares of the company’s stock valued at $1,792,000 after buying an additional 19,374 shares during the last quarter. Lansing Street Advisors bought a new position in shares of iShares MSCI Chile ETF during the 2nd quarter valued at approximately $1,604,000. Altfest L J & Co. Inc. purchased a new stake in shares of iShares MSCI Chile ETF during the third quarter worth about $1,733,000. Finally, Peregrine Asset Advisers Inc. bought a new stake in shares of iShares MSCI Chile ETF during the second quarter valued at approximately $588,000.

iShares MSCI Chile ETF Price Performance

ECH stock traded up $16.92 during midday trading on Tuesday, hitting $42.35. The stock had a trading volume of 130,335 shares, compared to its average volume of 305,724. The business has a 50-day moving average of $37.88 and a two-hundred day moving average of $34.10. The firm has a market cap of $855.47 million, a price-to-earnings ratio of 12.06 and a beta of 0.74. iShares MSCI Chile ETF has a 52-week low of $23.79 and a 52-week high of $33.26.

iShares MSCI Chile ETF Company Profile

iShares MSCI Chile Capped ETF, formerly iShares MSCI Chile Capped Investable Market 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 of the MSCI Chile Investable Market Index (the Index). The Index is a free float-adjusted market capitalization index that is designed to measure broad based equity market performance in Chile. The Index consists of stocks traded primarily on the Santiago Stock Exchange.