Traders Purchase High Volume of Call Options on iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS)

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) was the recipient of unusually large options trading activity on Monday. Investors acquired 17,324 call options on the company. This represents an increase of 1,697% compared to the typical volume of 964 call options.

Institutional Trading of iShares MSCI Brazil Small-Cap ETF

Several hedge funds have recently added to or reduced their stakes in EWZS. Farther Finance Advisors LLC boosted its position in iShares MSCI Brazil Small-Cap ETF by 59.2% during the third quarter. Farther Finance Advisors LLC now owns 4,802 shares of the company’s stock valued at $64,000 after buying an additional 1,785 shares during the period. SPX Gestao de Recursos Ltda bought a new position in shares of iShares MSCI Brazil Small-Cap ETF during the first quarter valued at about $54,000. Group One Trading LLC bought a new position in shares of iShares MSCI Brazil Small-Cap ETF during the first quarter valued at about $104,000. Bank of America Corp DE increased its holdings in shares of iShares MSCI Brazil Small-Cap ETF by 54.9% in the first quarter. Bank of America Corp DE now owns 38,059 shares of the company’s stock worth $564,000 after buying an additional 13,496 shares during the period. Finally, Bank of Nova Scotia increased its holdings in shares of iShares MSCI Brazil Small-Cap ETF by 12.1% in the first quarter. Bank of Nova Scotia now owns 138,832 shares of the company’s stock worth $2,056,000 after buying an additional 15,000 shares during the period.

iShares MSCI Brazil Small-Cap ETF Stock Up 0.3%

Shares of iShares MSCI Brazil Small-Cap ETF stock traded up $0.05 during trading on Monday, reaching $17.10. The company’s stock had a trading volume of 868,910 shares, compared to its average volume of 503,677. iShares MSCI Brazil Small-Cap ETF has a 52-week low of $11.70 and a 52-week high of $17.15. The firm’s 50-day moving average is $13.25 and its two-hundred day moving average is $13.74. The company has a market cap of $342.86 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.