iShares MSCI South Korea ETF Sees Unusually High Options Volume (NYSEARCA:EWY)

iShares MSCI South Korea ETF (NYSEARCA:EWY) saw some unusual options trading activity on Tuesday. Investors purchased 2,846 put options on the stock. This is an increase of approximately 380% compared to the typical volume of 593 put options.

iShares MSCI South Korea ETF Stock Performance

NYSEARCA:EWY opened at $55.81 on Wednesday. iShares MSCI South Korea ETF has a one year low of $52.67 and a one year high of $69.51. The stock has a 50 day moving average price of $60.78 and a 200 day moving average price of $63.31. The stock has a market cap of $4.43 billion, a PE ratio of 9.60 and a beta of 1.25.

Institutional Investors Weigh In On iShares MSCI South Korea ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Headlands Technologies LLC purchased a new stake in iShares MSCI South Korea ETF in the second quarter valued at approximately $29,000. Hara Capital LLC acquired a new stake in iShares MSCI South Korea ETF during the 3rd quarter worth $34,000. Farther Finance Advisors LLC increased its position in shares of iShares MSCI South Korea ETF by 1,964.3% during the third quarter. Farther Finance Advisors LLC now owns 578 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 550 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in iShares MSCI South Korea ETF in the second quarter valued at approximately $49,000. Finally, Prudential PLC acquired a new stake in iShares MSCI South Korea ETF during the 2nd quarter worth $81,000.

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.