Traders Purchase Large Volume of Put Options on iShares MSCI Germany ETF (NYSEARCA:EWG)

iShares MSCI Germany ETF (NYSEARCA:EWG) was the recipient of unusually large options trading on Tuesday. Investors bought 8,205 put options on the stock. This is an increase of approximately 570% compared to the average volume of 1,224 put options.

iShares MSCI Germany ETF Trading Down 2.1 %

Shares of iShares MSCI Germany ETF stock opened at $32.07 on Thursday. iShares MSCI Germany ETF has a 52 week low of $28.28 and a 52 week high of $34.12. The company’s 50-day moving average price is $32.50 and its two-hundred day moving average price is $31.90. The stock has a market cap of $971.72 million, a PE ratio of 14.47 and a beta of 0.91.

Institutional Trading of iShares MSCI Germany ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Strategic Financial Concepts LLC grew its position in iShares MSCI Germany ETF by 2,984.7% in the second quarter. Strategic Financial Concepts LLC now owns 1,054,793 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 1,020,599 shares during the last quarter. WestEnd Advisors LLC acquired a new stake in shares of iShares MSCI Germany ETF during the third quarter worth $50,000. Whittier Trust Co. raised its position in shares of iShares MSCI Germany ETF by 38.5% during the third quarter. Whittier Trust Co. now owns 2,813 shares of the exchange traded fund’s stock worth $95,000 after purchasing an additional 782 shares during the period. Centric Wealth Management purchased a new stake in shares of iShares MSCI Germany ETF during the third quarter valued at $204,000. Finally, National Bank of Canada FI increased its stake in iShares MSCI Germany ETF by 43.9% in the 3rd quarter. National Bank of Canada FI now owns 6,224 shares of the exchange traded fund’s stock worth $211,000 after purchasing an additional 1,900 shares in the last quarter.

About iShares MSCI Germany ETF

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).