iShares MSCI Australia ETF Target of Unusually High Options Trading (NYSEARCA:EWA)

iShares MSCI Australia ETF (NYSEARCA:EWA) saw some unusual options trading on Wednesday. Stock investors acquired 3,564 put options on the stock. This represents an increase of 312% compared to the typical volume of 866 put options.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Johnson Financial Group Inc. bought a new stake in iShares MSCI Australia ETF during the 3rd quarter valued at $32,000. Tower Research Capital LLC TRC grew its holdings in iShares MSCI Australia ETF by 10,333.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,565 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 1,550 shares during the last quarter. Nalls Sherbakoff Group LLC purchased a new position in shares of iShares MSCI Australia ETF in the fourth quarter valued at about $47,000. Jones Financial Companies Lllp purchased a new position in shares of iShares MSCI Australia ETF in the first quarter valued at about $42,000. Finally, Laurel Wealth Advisors LLC bought a new position in shares of iShares MSCI Australia ETF during the fourth quarter valued at about $72,000. Institutional investors own 59.69% of the company’s stock.

iShares MSCI Australia ETF Stock Performance

EWA traded down $0.42 on Wednesday, hitting $27.74. 2,551,972 shares of the company were exchanged, compared to its average volume of 4,284,209. The firm has a fifty day simple moving average of $28.89 and a two-hundred day simple moving average of $28.28. The stock has a market capitalization of $1.29 billion, a PE ratio of 19.89 and a beta of 0.96. iShares MSCI Australia ETF has a 12 month low of $24.94 and a 12 month high of $30.48.

About iShares MSCI Australia ETF

iShares MSCI Australia ETF (the Fund), formerly iShares MSCI Australia Index Fund, is an exchange-traded fund (ETF). The Fund seeks to provide investment results that correspond generally to the price and yield performance, of publicly traded securities in the Australian market, as represented by the MSCI Australia Index (the Index). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. The Index seeks to measure the performance of the Australian equity market.