iShares MSCI Hong Kong ETF Sees Unusually High Options Volume (NYSEARCA:EWH)

iShares MSCI Hong Kong ETF (NYSEARCA:EWH) was the recipient of some unusual options trading on Monday. Stock traders acquired 15,237 put options on the company. This is an increase of approximately 1,569% compared to the average daily volume of 913 put options.

iShares MSCI Hong Kong ETF Stock Up 1.3 %

Shares of EWH opened at $17.74 on Wednesday. The stock has a market capitalization of $643.96 million, a P/E ratio of 15.83 and a beta of 0.50. iShares MSCI Hong Kong ETF has a twelve month low of $14.64 and a twelve month high of $20.37. The firm has a fifty day simple moving average of $17.27 and a two-hundred day simple moving average of $17.37.

Hedge Funds Weigh In On iShares MSCI Hong Kong ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Idaho Trust Bank grew its stake in shares of iShares MSCI Hong Kong ETF by 3.2% in the fourth quarter. Idaho Trust Bank now owns 28,840 shares of the exchange traded fund’s stock worth $480,000 after purchasing an additional 882 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares MSCI Hong Kong ETF by 8.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 157,525 shares of the exchange traded fund’s stock worth $2,939,000 after buying an additional 11,689 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of iShares MSCI Hong Kong ETF in the 4th quarter worth approximately $394,000. Raymond James Financial Inc. purchased a new position in shares of iShares MSCI Hong Kong ETF during the fourth quarter valued at approximately $5,134,000. Finally, USA Financial Formulas purchased a new position in shares of iShares MSCI Hong Kong ETF during the fourth quarter valued at approximately $150,000. 50.59% of the stock is owned by institutional investors.

iShares MSCI Hong Kong ETF Company Profile

iShares MSCI Hong Kong Index Fund, formerly Shares MSCI Hong Kong ETF, (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 Hong Kong market, as measured by the MSCI Hong Kong Index (the Index).