Traders Purchase Large Volume of iShares MSCI South Korea ETF Put Options (NYSEARCA:EWY)

iShares MSCI South Korea ETF (NYSEARCA:EWY) saw some unusual options trading on Thursday. Stock investors purchased 7,763 put options on the stock. This is an increase of approximately 379% compared to the typical daily volume of 1,620 put options.

Hedge Funds Weigh In On iShares MSCI South Korea ETF

Several institutional investors have recently added to or reduced their stakes in the company. Founders Capital Management purchased a new position in iShares MSCI South Korea ETF during the 1st quarter valued at $27,000. Patriot Investment Management Group Inc. purchased a new position in iShares MSCI South Korea ETF during the 4th quarter valued at $47,000. Global Retirement Partners LLC raised its position in iShares MSCI South Korea ETF by 100.0% during the 3rd quarter. Global Retirement Partners LLC now owns 1,014 shares of the exchange traded fund’s stock valued at $59,000 after purchasing an additional 507 shares in the last quarter. LM Advisors LLC purchased a new stake in shares of iShares MSCI South Korea ETF in the 4th quarter worth $67,000. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of iShares MSCI South Korea ETF by 242.7% in the 4th quarter. Geneos Wealth Management Inc. now owns 1,131 shares of the exchange traded fund’s stock worth $74,000 after buying an additional 801 shares during the period.

iShares MSCI South Korea ETF Trading Up 1.5 %

Shares of EWY opened at $61.80 on Friday. The business’s 50 day moving average is $65.14 and its 200 day moving average is $62.42. The company has a market capitalization of $3.61 billion, a PE ratio of 7.39 and a beta of 1.05. iShares MSCI South Korea ETF has a 12-month low of $54.49 and a 12-month high of $68.20.

iShares MSCI South Korea ETF Company Profile

iShares MSCI South Korea Capped ETF (the Fund) is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Korea 25/50 Index (the Index). The Index consists of stocks traded primarily on the Stock Market Division of the Korean Exchange.