Investors Purchase Large Volume of Call Options on iShares MSCI South Korea ETF (NYSEARCA:EWY)

iShares MSCI South Korea ETF (NYSEARCA:EWY) saw some unusual options trading activity on Wednesday. Stock traders purchased 53,018 call options on the company. This represents an increase of 53% compared to the typical daily volume of 34,638 call options.

iShares MSCI South Korea ETF Trading Up 0.0%

Shares of iShares MSCI South Korea ETF stock traded up $0.01 during mid-day trading on Wednesday, hitting $132.35. 24,855,128 shares of the stock were exchanged, compared to its average volume of 14,706,198. The stock has a market capitalization of $13.02 billion, a price-to-earnings ratio of 10.35 and a beta of 1.22. iShares MSCI South Korea ETF has a twelve month low of $48.49 and a twelve month high of $154.22. The company has a 50-day simple moving average of $119.88 and a 200 day simple moving average of $97.77.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. boosted its holdings in shares of iShares MSCI South Korea ETF by 27.8% during the first quarter. Goldman Sachs Group Inc. now owns 239,956 shares of the exchange traded fund’s stock worth $12,967,000 after purchasing an additional 52,259 shares during the last quarter. CWM LLC lifted its position in iShares MSCI South Korea ETF by 328.8% during the second quarter. CWM LLC now owns 596 shares of the exchange traded fund’s stock worth $43,000 after buying an additional 457 shares during the period. Envestnet Asset Management Inc. lifted its position in iShares MSCI South Korea ETF by 1.7% during the second quarter. Envestnet Asset Management Inc. now owns 233,118 shares of the exchange traded fund’s stock worth $16,733,000 after buying an additional 3,842 shares during the period. Arkadios Wealth Advisors acquired a new stake in iShares MSCI South Korea ETF in the 2nd quarter worth about $248,000. Finally, Assetmark Inc. grew its holdings in iShares MSCI South Korea ETF by 144.6% in the 2nd quarter. Assetmark Inc. now owns 61,710 shares of the exchange traded fund’s stock valued at $4,430,000 after buying an additional 36,480 shares during the period. 49.22% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI South Korea ETF Company Profile

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. The Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no issuer of a component exceeds 25% of the Index weight and all issuers with weight above 5% do not exceed 50% of the Index weight.