iShares MSCI Emerging Markets ETF Target of Unusually High Options Trading (NYSEARCA:EEM)

iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) was the target of unusually large options trading on Friday. Stock investors acquired 380,017 put options on the stock. This is an increase of approximately 52% compared to the typical volume of 249,463 put options.

Hedge Funds Weigh In On iShares MSCI Emerging Markets ETF

Several hedge funds have recently made changes to their positions in EEM. Versant Capital Management Inc grew its stake in iShares MSCI Emerging Markets ETF by 369.7% during the 3rd quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 366 shares during the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $25,000. Hilton Head Capital Partners LLC acquired a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $25,000. Merkkuri Wealth Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 1st quarter worth approximately $27,000. Finally, BTG Pactual Asset Management US LLC lifted its stake in iShares MSCI Emerging Markets ETF by 101.3% during the 3rd quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 46,071 shares during the period. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Up 2.1%

Shares of iShares MSCI Emerging Markets ETF stock opened at $63.99 on Friday. The company has a 50 day moving average price of $59.72 and a 200 day moving average price of $57.40. The firm has a market capitalization of $28.33 billion, a P/E ratio of 14.46 and a beta of 0.66. iShares MSCI Emerging Markets ETF has a 52 week low of $43.71 and a 52 week high of $65.96.

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.