iShares MSCI Germany ETF Target of Unusually Large Options Trading (NYSEARCA:EWG)

iShares MSCI Germany ETF (NYSEARCA:EWG) was the recipient of unusually large options trading on Thursday. Traders purchased 6,229 put options on the stock. This is an increase of approximately 463% compared to the average daily volume of 1,107 put options.

iShares MSCI Germany ETF Stock Performance

Shares of iShares MSCI Germany ETF stock opened at $32.87 on Friday. The company has a 50-day simple moving average of $32.66 and a two-hundred day simple moving average of $31.63. The stock has a market capitalization of $995.96 million, a PE ratio of 14.47 and a beta of 0.91. iShares MSCI Germany ETF has a 52-week low of $24.70 and a 52-week high of $34.12.

Hedge Funds Weigh In On iShares MSCI Germany ETF

Hedge funds have recently added to or reduced their stakes in the company. Viewpoint Capital Management LLC increased its holdings in iShares MSCI Germany ETF by 9.1% in the 3rd quarter. Viewpoint Capital Management LLC now owns 40,856 shares of the exchange traded fund’s stock worth $1,386,000 after buying an additional 3,410 shares in the last quarter. Whittier Trust Co. boosted its holdings in shares of iShares MSCI Germany ETF by 38.5% during the 3rd quarter. Whittier Trust Co. now owns 2,813 shares of the exchange traded fund’s stock valued at $95,000 after acquiring an additional 782 shares during the last quarter. Onyx Bridge Wealth Group LLC grew its stake in shares of iShares MSCI Germany ETF by 9.4% in the third quarter. Onyx Bridge Wealth Group LLC now owns 177,893 shares of the exchange traded fund’s stock worth $6,020,000 after acquiring an additional 15,281 shares during the period. Vontobel Holding Ltd. raised its holdings in shares of iShares MSCI Germany ETF by 1.4% during the third quarter. Vontobel Holding Ltd. now owns 136,768 shares of the exchange traded fund’s stock valued at $4,628,000 after purchasing an additional 1,941 shares during the last quarter. Finally, CX Institutional lifted its position in iShares MSCI Germany ETF by 4.4% during the third quarter. CX Institutional now owns 500,360 shares of the exchange traded fund’s stock valued at $16,932,000 after purchasing an additional 20,881 shares during the period.

iShares MSCI Germany ETF Company Profile

iShares MSCI Germany ETF, formerly iShares MSCI Germany Index Fund (the Fund), is an exchange-traded fund. 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 German market, as measured by the MSCI Germany Index (the Index).