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

iShares MSCI South Korea ETF (NYSEARCA:EWY) saw some unusual options trading activity on Thursday. Investors purchased 167,242 put options on the stock. This is an increase of 47% compared to the typical daily volume of 113,785 put options.

iShares MSCI South Korea ETF Stock Performance

iShares MSCI South Korea ETF stock remained flat at $180.14 during trading hours on Friday. 30,766,748 shares of the company’s stock were exchanged, compared to its average volume of 19,694,037. iShares MSCI South Korea ETF has a 52 week low of $69.85 and a 52 week high of $220.89. The stock has a market capitalization of $21.81 billion, a PE ratio of 10.35 and a beta of 1.46. The company’s 50-day moving average price is $188.70 and its 200 day moving average price is $145.78.

Institutional Investors Weigh In On iShares MSCI South Korea ETF

Hedge funds have recently added to or reduced their stakes in the company. Western Wealth Management LLC purchased a new stake in iShares MSCI South Korea ETF in the 1st quarter valued at approximately $254,000. DV Trading LLC raised its stake in shares of iShares MSCI South Korea ETF by 72.4% during the 1st quarter. DV Trading LLC now owns 4,513 shares of the exchange traded fund’s stock worth $555,000 after buying an additional 1,896 shares in the last quarter. Parallel Advisors LLC purchased a new position in shares of iShares MSCI South Korea ETF during the 1st quarter worth approximately $29,000. NWI Management LP acquired a new stake in shares of iShares MSCI South Korea ETF in the 1st quarter valued at approximately $1,107,000. Finally, Silicon Valley Capital Partners acquired a new stake in shares of iShares MSCI South Korea ETF in the 1st quarter valued at approximately $492,000. Institutional investors and hedge funds own 49.22% of the company’s stock.

About iShares MSCI South Korea ETF

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.