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

iShares MSCI South Korea ETF (NYSEARCA:EWY) saw unusually large options trading activity on Monday. Stock traders purchased 121,163 call options on the stock. This is an increase of 1,320% compared to the typical daily volume of 8,532 call options.

iShares MSCI South Korea ETF Price Performance

EWY stock traded up $0.58 during midday trading on Monday, hitting $93.25. The stock had a trading volume of 4,534,946 shares, compared to its average volume of 4,497,960. The firm has a market cap of $6.74 billion, a PE ratio of 10.35 and a beta of 1.22. iShares MSCI South Korea ETF has a 12-month low of $48.49 and a 12-month high of $100.79. The company’s 50-day moving average price is $91.41 and its 200 day moving average price is $79.39.

Institutional Trading of iShares MSCI South Korea ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EWY. Sun Life Financial Inc. increased its holdings in shares of iShares MSCI South Korea ETF by 7.2% during the 2nd quarter. Sun Life Financial Inc. now owns 1,660,773 shares of the exchange traded fund’s stock worth $119,210,000 after buying an additional 111,000 shares during the last quarter. TD Asset Management Inc boosted its stake in shares of iShares MSCI South Korea ETF by 85.5% in the third quarter. TD Asset Management Inc now owns 1,536,532 shares of the exchange traded fund’s stock valued at $123,076,000 after purchasing an additional 708,000 shares during the period. New Vernon Capital Holdings II LLC grew its stake in shares of iShares MSCI South Korea ETF by 5,822.0% during the first quarter. New Vernon Capital Holdings II LLC now owns 1,420,928 shares of the exchange traded fund’s stock valued at $76,787,000 after acquiring an additional 1,396,934 shares in the last quarter. Hsbc Holdings PLC increased its holdings in iShares MSCI South Korea ETF by 1,753.0% during the 2nd quarter. Hsbc Holdings PLC now owns 1,296,271 shares of the exchange traded fund’s stock worth $93,047,000 after purchasing an additional 1,226,315 shares during the last quarter. Finally, Schroder Investment Management Group increased its stake in shares of iShares MSCI South Korea ETF by 18.0% in the third quarter. Schroder Investment Management Group now owns 1,257,343 shares of the exchange traded fund’s stock worth $100,889,000 after buying an additional 191,723 shares during the last quarter. Hedge funds and other institutional investors 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.