iShares MSCI Brazil Small-Cap ETF Sees Unusually High Options Volume (NASDAQ:EWZS)

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) saw some unusual options trading on Monday. Investors acquired 17,324 call options on the stock. This represents an increase of 1,697% compared to the typical volume of 964 call options.

Institutional Investors Weigh In On iShares MSCI Brazil Small-Cap ETF

A number of hedge funds have recently made changes to their positions in EWZS. RPg Family Wealth Advisory LLC grew its holdings in shares of iShares MSCI Brazil Small-Cap ETF by 10.5% in the second quarter. RPg Family Wealth Advisory LLC now owns 235,728 shares of the company’s stock worth $3,060,000 after purchasing an additional 22,438 shares during the last quarter. Risk Paradigm Group LLC increased its position in shares of iShares MSCI Brazil Small-Cap ETF by 10.5% during the second quarter. Risk Paradigm Group LLC now owns 235,728 shares of the company’s stock valued at $3,060,000 after acquiring an additional 22,438 shares in the last quarter. Bank of Nova Scotia lifted its position in iShares MSCI Brazil Small-Cap ETF by 12.1% during the first quarter. Bank of Nova Scotia now owns 138,832 shares of the company’s stock valued at $2,056,000 after purchasing an additional 15,000 shares during the period. Sankala Group LLC bought a new position in iShares MSCI Brazil Small-Cap ETF in the fourth quarter valued at about $1,182,000. Finally, Bank of America Corp DE boosted its stake in shares of iShares MSCI Brazil Small-Cap ETF by 54.9% during the 1st quarter. Bank of America Corp DE now owns 38,059 shares of the company’s stock worth $564,000 after acquiring an additional 13,496 shares during the last quarter.

iShares MSCI Brazil Small-Cap ETF Stock Performance

NASDAQ EWZS traded down $0.47 on Tuesday, hitting $16.64. The stock had a trading volume of 946,365 shares, compared to its average volume of 505,132. iShares MSCI Brazil Small-Cap ETF has a 52-week low of $11.70 and a 52-week high of $17.15. The firm has a 50-day moving average of $13.33 and a 200-day moving average of $13.76. The company has a market capitalization of $333.53 million, a price-to-earnings ratio of 10.78 and a beta of 0.74.

About iShares MSCI Brazil Small-Cap ETF

iShares MSCI Brazil Small-Cap ETF, formerly iShares MSCI Brazil Small Cap Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Brazil Small Cap Index (the Underlying Index). The Underlying Index is a free-float adjusted market capitalization weighted index designed to measure the performance of equity securities in the bottom 14% by market capitalization of equity securities listed on stock exchanges in Brazil.