iShares MSCI United Kingdom ETF Sees Unusually Large Options Volume (NYSEARCA:EWU)

iShares MSCI United Kingdom ETF (NYSEARCA:EWU) was the target of unusually large options trading on Tuesday. Traders bought 2,680 put options on the stock. This represents an increase of approximately 225% compared to the average daily volume of 825 put options.

iShares MSCI United Kingdom ETF Price Performance

Shares of NYSEARCA:EWU opened at $46.76 on Wednesday. The business’s fifty day moving average price is $46.05 and its two-hundred day moving average price is $43.65. iShares MSCI United Kingdom ETF has a fifty-two week low of $32.76 and a fifty-two week high of $48.92. The stock has a market capitalization of $3.03 billion, a price-to-earnings ratio of 15.42 and a beta of 0.71.

Institutional Investors Weigh In On iShares MSCI United Kingdom ETF

A number of hedge funds have recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its position in iShares MSCI United Kingdom ETF by 4.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 467,703 shares of the company’s stock worth $18,577,000 after acquiring an additional 21,457 shares during the last quarter. Arkadios Wealth Advisors acquired a new position in iShares MSCI United Kingdom ETF in the second quarter worth $295,000. Assetmark Inc. grew its holdings in shares of iShares MSCI United Kingdom ETF by 191.3% during the second quarter. Assetmark Inc. now owns 8,047 shares of the company’s stock worth $320,000 after purchasing an additional 5,285 shares during the last quarter. Bank of Montreal Can grew its holdings in shares of iShares MSCI United Kingdom ETF by 13.5% during the second quarter. Bank of Montreal Can now owns 3,600 shares of the company’s stock worth $143,000 after purchasing an additional 428 shares during the last quarter. Finally, Simplex Trading LLC increased its stake in shares of iShares MSCI United Kingdom ETF by 950.9% in the second quarter. Simplex Trading LLC now owns 35,269 shares of the company’s stock valued at $1,400,000 after buying an additional 31,913 shares in the last quarter. Institutional investors and hedge funds own 58.38% of the company’s stock.

iShares MSCI United Kingdom ETF Company Profile

The iShares MSCI United Kingdom ETF (EWU) is an exchange-traded fund that is based on the MSCI United Kingdom index. The fund tracks a market cap-weighted index of British companies. It covers the top 85% of British companies by market cap. EWU was launched on Mar 12, 1996 and is managed by BlackRock.