Traders Buy Large Volume of Call Options on iShares MSCI Taiwan ETF (NYSEARCA:EWT)

iShares MSCI Taiwan ETF (NYSEARCA:EWT) was the target of unusually large options trading activity on Wednesday. Investors purchased 10,216 call options on the company. This is an increase of approximately 120% compared to the typical daily volume of 4,648 call options.

iShares MSCI Taiwan ETF Price Performance

NYSEARCA:EWT opened at $105.99 on Friday. The stock has a market cap of $11.57 billion, a P/E ratio of 17.58 and a beta of 1.10. iShares MSCI Taiwan ETF has a one year low of $59.96 and a one year high of $118.47. The company has a fifty day moving average price of $110.25 and a 200 day moving average price of $92.92.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in EWT. Hsbc Holdings PLC grew its holdings in shares of iShares MSCI Taiwan ETF by 2,779.7% during the 1st quarter. Hsbc Holdings PLC now owns 1,185,627 shares of the exchange traded fund’s stock worth $84,084,000 after purchasing an additional 1,144,455 shares in the last quarter. The Manufacturers Life Insurance Company acquired a new stake in shares of iShares MSCI Taiwan ETF during the 2nd quarter worth about $103,684,000. Fifth Third Bancorp bought a new stake in iShares MSCI Taiwan ETF during the 1st quarter worth approximately $43,753,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in iShares MSCI Taiwan ETF during the 3rd quarter valued at $20,392,000. Finally, Lido Advisors LLC increased its holdings in iShares MSCI Taiwan ETF by 156.5% during the 1st quarter. Lido Advisors LLC now owns 263,861 shares of the exchange traded fund’s stock valued at $18,713,000 after purchasing an additional 160,994 shares in the last quarter.

iShares MSCI Taiwan ETF Company Profile

Ishares MSCI Taiwan Index Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Taiwan IndexSM (the Index). The Index consists of stocks traded primarily on the Taiwan Stock Exchange. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.