iShares MSCI South Korea ETF Sees Unusually Large Options Volume (NYSEARCA:EWY)

iShares MSCI South Korea ETF (NYSEARCA:EWY) was the recipient of unusually large options trading activity on Wednesday. Stock investors acquired 90,869 call options on the stock. This represents an increase of approximately 47% compared to the average volume of 61,714 call options.

Institutional Investors Weigh In On iShares MSCI South Korea ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. B. Riley Wealth Advisors Inc. purchased a new stake in iShares MSCI South Korea ETF in the 3rd quarter worth approximately $394,000. ABC Arbitrage SA purchased a new stake in iShares MSCI South Korea ETF in the 3rd quarter worth approximately $512,000. Cullen Capital Management LLC increased its holdings in iShares MSCI South Korea ETF by 94.0% in the 2nd quarter. Cullen Capital Management LLC now owns 196,402 shares of the exchange traded fund’s stock worth $14,098,000 after acquiring an additional 95,185 shares in the last quarter. Diversify Advisory Services LLC purchased a new stake in iShares MSCI South Korea ETF in the 3rd quarter worth approximately $689,000. Finally, Cibc World Market Inc. increased its holdings in iShares MSCI South Korea ETF by 6.2% in the 3rd quarter. Cibc World Market Inc. now owns 81,215 shares of the exchange traded fund’s stock worth $6,505,000 after acquiring an additional 4,733 shares in the last quarter. 49.22% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Price Performance

Shares of NYSEARCA:EWY traded up $11.24 during trading on Wednesday, hitting $138.43. The company’s stock had a trading volume of 14,565,094 shares, compared to its average volume of 20,038,572. The company has a 50-day moving average of $130.10 and a 200-day moving average of $107.04. iShares MSCI South Korea ETF has a 12 month low of $48.76 and a 12 month high of $154.22. The firm has a market cap of $18.03 billion, a price-to-earnings ratio of 10.35 and a beta of 1.23.

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.