Traders Buy Large Volume of Call Options on iShares MSCI Chile ETF (BATS:ECH)

iShares MSCI Chile ETF (BATS:ECH) was the target of unusually large options trading on Friday. Stock traders purchased 16,354 call options on the stock. This represents an increase of approximately 569% compared to the typical daily volume of 2,445 call options.

Institutional Trading of iShares MSCI Chile ETF

A number of large investors have recently added to or reduced their stakes in the company. Global Retirement Partners LLC bought a new stake in shares of iShares MSCI Chile ETF during the 3rd quarter worth about $71,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in iShares MSCI Chile ETF during the third quarter worth approximately $96,000. Centaurus Financial Inc. bought a new stake in shares of iShares MSCI Chile ETF during the second quarter worth approximately $104,000. Westend Capital Management LLC acquired a new position in shares of iShares MSCI Chile ETF in the fourth quarter valued at approximately $116,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in iShares MSCI Chile ETF during the 1st quarter worth approximately $186,000.

iShares MSCI Chile ETF Price Performance

ECH stock traded up $21.03 during mid-day trading on Friday, reaching $46.46. The company had a trading volume of 130,335 shares, compared to its average volume of 305,724. iShares MSCI Chile ETF has a 52 week low of $23.79 and a 52 week high of $33.26. The company has a market capitalization of $938.41 million, a price-to-earnings ratio of 12.06 and a beta of 0.74. The stock has a 50 day simple moving average of $40.02 and a two-hundred day simple moving average of $35.21.

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.