iShares MSCI Canada ETF Target of Unusually Large Options Trading (NYSEARCA:EWC)

iShares MSCI Canada ETF (NYSEARCA:EWC) was the recipient of unusually large options trading on Tuesday. Stock traders bought 31,439 put options on the company. This is an increase of 205% compared to the typical daily volume of 10,295 put options.

Institutional Trading of iShares MSCI Canada ETF

Several hedge funds have recently bought and sold shares of the stock. Bernard Wealth Management Corp. purchased a new stake in iShares MSCI Canada ETF during the fourth quarter valued at $26,000. Yoffe Investment Management LLC purchased a new position in shares of iShares MSCI Canada ETF during the fourth quarter valued at $597,000. Toronto Dominion Bank increased its holdings in iShares MSCI Canada ETF by 1,837.5% during the fourth quarter. Toronto Dominion Bank now owns 27,125 shares of the exchange traded fund’s stock valued at $1,092,000 after buying an additional 25,725 shares during the period. Sunbelt Securities Inc. boosted its position in iShares MSCI Canada ETF by 140,240.0% during the fourth quarter. Sunbelt Securities Inc. now owns 14,034 shares of the exchange traded fund’s stock valued at $563,000 after purchasing an additional 14,024 shares in the last quarter. Finally, GTS Securities LLC grew its position in shares of iShares MSCI Canada ETF by 458.3% in the 4th quarter. GTS Securities LLC now owns 20,782 shares of the exchange traded fund’s stock worth $838,000 after buying an additional 26,582 shares during the last quarter.

iShares MSCI Canada ETF Trading Down 1.8 %

EWC traded down $0.72 during trading on Tuesday, hitting $39.73. 5,370,239 shares of the company’s stock traded hands, compared to its average volume of 2,559,714. iShares MSCI Canada ETF has a 12-month low of $35.74 and a 12-month high of $43.33. The company’s 50 day simple moving average is $41.12 and its two-hundred day simple moving average is $41.25. The stock has a market capitalization of $2.54 billion, a price-to-earnings ratio of 19.25 and a beta of 1.05.

iShares MSCI Canada ETF Company Profile

iShares MSCI Canada ETF (the Fund), formerly iShares MSCI Canada Index Fund, is an exchange-traded fund (ETF). The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Canadian market, as measured by the MSCI Canada Index (the Index).