Stock Traders Purchase Large Volume of iShares MSCI Taiwan ETF Put Options (NYSEARCA:EWT)

iShares MSCI Taiwan ETF (NYSEARCA:EWT) saw unusually large options trading activity on Monday. Traders bought 10,697 put options on the stock. This is an increase of 111% compared to the average daily volume of 5,060 put options.

Institutional Investors Weigh In On iShares MSCI Taiwan ETF

Several large investors have recently added to or reduced their stakes in EWT. Compass Financial Management LLC bought a new position in iShares MSCI Taiwan ETF in the third quarter worth approximately $367,000. City of London Investment Management Co. Ltd. purchased a new position in iShares MSCI Taiwan ETF during the 3rd quarter worth $114,719,000. Cumberland Advisors Inc. bought a new stake in iShares MSCI Taiwan ETF during the 3rd quarter valued at $2,441,000. Bank Julius Baer & Co. Ltd Zurich bought a new stake in iShares MSCI Taiwan ETF during the 3rd quarter valued at $357,000. Finally, Sumitomo Mitsui Trust Group Inc. bought a new stake in iShares MSCI Taiwan ETF during the 3rd quarter valued at $4,118,000.

iShares MSCI Taiwan ETF Stock Up 1.5%

iShares MSCI Taiwan ETF stock traded up $1.48 during midday trading on Monday, reaching $102.59. The stock had a trading volume of 2,406,490 shares, compared to its average volume of 5,781,899. The firm has a market cap of $11.20 billion, a price-to-earnings ratio of 17.58 and a beta of 1.10. iShares MSCI Taiwan ETF has a 52-week low of $59.96 and a 52-week high of $118.47. The company has a fifty day moving average of $110.19 and a 200 day moving average of $93.10.

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.