Investors Buy High Volume of iShares MSCI Emerging Markets ETF Put Options (NYSEARCA:EEM)

iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) was the target of unusually large options trading on Friday. Stock traders purchased 174,896 put options on the company. This is an increase of approximately 62% compared to the typical daily volume of 108,090 put options.

Institutional Investors Weigh In On iShares MSCI Emerging Markets ETF

Large investors have recently bought and sold shares of the business. Retirement Systems of Alabama bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter worth about $609,880,000. Bank of America Corp DE raised its position in shares of iShares MSCI Emerging Markets ETF by 22.8% during the 1st quarter. Bank of America Corp DE now owns 37,337,990 shares of the exchange traded fund’s stock valued at $2,120,424,000 after buying an additional 6,929,284 shares in the last quarter. Board of Trustees of The Leland Stanford Junior University lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 102.7% in the 1st quarter. Board of Trustees of The Leland Stanford Junior University now owns 9,035,926 shares of the exchange traded fund’s stock valued at $513,150,000 after acquiring an additional 4,577,226 shares during the last quarter. ARGA Investment Management LP bought a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter valued at about $147,155,000. Finally, Greenleaf Trust bought a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter valued at about $83,723,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM traded up $1.55 during mid-day trading on Friday, hitting $59.60. 15,431,080 shares of the stock were exchanged, compared to its average volume of 30,866,182. The company has a market cap of $27.63 billion, a PE ratio of 14.46 and a beta of 0.77. iShares MSCI Emerging Markets ETF has a 52-week low of $52.38 and a 52-week high of $71.57. The firm has a 50-day moving average of $65.60 and a two-hundred day moving average of $63.87.

About iShares MSCI Emerging Markets ETF

iShares MSCI Emerging Markets ETF, formerly iShares MSCI Emerging Markets Index Fund (the Fund), seeks investment results that correspond generally to the price and yield performance of publicly traded equity securities in global emerging markets, as measured by the MSCI Emerging Markets Index (the Index). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.