Traders Purchase High Volume of iShares MSCI South Korea ETF Put Options (NYSEARCA:EWY)

iShares MSCI South Korea ETF (NYSEARCA:EWY) was the target of unusually large options trading activity on Friday. Traders purchased 67,131 put options on the stock. This represents an increase of 26% compared to the typical daily volume of 53,068 put options.

iShares MSCI South Korea ETF Price Performance

Shares of NYSEARCA:EWY opened at $125.78 on Friday. The firm has a fifty day moving average price of $127.43 and a two-hundred day moving average price of $102.63. The company has a market cap of $12.37 billion, a price-to-earnings ratio of 10.35 and a beta of 1.22. iShares MSCI South Korea ETF has a one year low of $48.49 and a one year high of $154.22.

Institutional Investors Weigh In On iShares MSCI South Korea ETF

Large investors have recently added to or reduced their stakes in the business. Morgan Stanley grew its position in iShares MSCI South Korea ETF by 31.5% during the fourth quarter. Morgan Stanley now owns 3,405,205 shares of the exchange traded fund’s stock worth $331,054,000 after buying an additional 814,877 shares in the last quarter. Bridgewater Associates LP raised its holdings in shares of iShares MSCI South Korea ETF by 1.8% in the 4th quarter. Bridgewater Associates LP now owns 2,072,358 shares of the exchange traded fund’s stock valued at $201,475,000 after acquiring an additional 37,242 shares in the last quarter. Hsbc Holdings PLC boosted its position in shares of iShares MSCI South Korea ETF by 1,764.2% during the 4th quarter. Hsbc Holdings PLC now owns 1,897,337 shares of the exchange traded fund’s stock valued at $184,457,000 after acquiring an additional 1,795,557 shares during the last quarter. Sun Life Financial Inc. grew its holdings in shares of iShares MSCI South Korea ETF by 7.2% during the second quarter. Sun Life Financial Inc. now owns 1,660,773 shares of the exchange traded fund’s stock worth $119,210,000 after purchasing an additional 111,000 shares in the last quarter. Finally, Temasek Holdings Private Ltd grew its holdings in shares of iShares MSCI South Korea ETF by 116.6% during the fourth quarter. Temasek Holdings Private Ltd now owns 1,594,998 shares of the exchange traded fund’s stock worth $155,066,000 after purchasing an additional 858,598 shares in the last quarter. 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.