Investors Buy High Volume of iShares MSCI Taiwan ETF Call Options (NYSEARCA:EWT)

iShares MSCI Taiwan ETF (NYSEARCA:EWT) saw some unusual options trading activity on Wednesday. Traders bought 10,216 call options on the company. This is an increase of approximately 120% compared to the typical volume of 4,648 call options.

Institutional Investors Weigh In On iShares MSCI Taiwan ETF

A number of large investors have recently made changes to their positions in EWT. The Manufacturers Life Insurance Company bought a new stake in iShares MSCI Taiwan ETF during the 2nd quarter worth about $103,684,000. Boltwood Capital Management bought a new stake in shares of iShares MSCI Taiwan ETF during the third quarter worth $1,688,000. MassMutual Private Wealth & Trust FSB bought a new stake in shares of iShares MSCI Taiwan ETF in the third quarter valued at about $698,000. IFP Advisors Inc boosted its position in iShares MSCI Taiwan ETF by 26,519.4% during the 3rd quarter. IFP Advisors Inc now owns 53,505 shares of the exchange traded fund’s stock worth $6,041,000 after acquiring an additional 53,304 shares during the last quarter. Finally, Hsbc Holdings PLC grew its position in iShares MSCI Taiwan ETF by 2,779.7% in the first quarter. Hsbc Holdings PLC now owns 1,185,627 shares of the exchange traded fund’s stock valued at $84,084,000 after purchasing an additional 1,144,455 shares in the last quarter.

iShares MSCI Taiwan ETF Stock Performance

Shares of EWT stock traded up $0.94 during trading hours on Wednesday, reaching $108.19. The company had a trading volume of 2,335,461 shares, compared to its average volume of 5,781,696. iShares MSCI Taiwan ETF has a twelve month low of $59.96 and a twelve month high of $118.47. The stock’s fifty day simple moving average is $110.13 and its 200 day simple moving average is $92.51. The company has a market capitalization of $11.81 billion, a P/E ratio of 17.58 and a beta of 1.10.

About iShares MSCI Taiwan ETF

Ishares MSCI Taiwan Index Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Taiwan IndexSM (the Index). The Index consists of stocks traded primarily on the Taiwan Stock Exchange. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.