Stock Traders Buy High Volume of iShares MSCI South Korea ETF Call Options (NYSEARCA:EWY)

iShares MSCI South Korea ETF (NYSEARCA:EWY) was the target of some unusual options trading activity on Tuesday. Investors acquired 10,184 call options on the stock. This represents an increase of 185% compared to the average volume of 3,570 call options.

iShares MSCI South Korea ETF Stock Up 1.5 %

EWY stock opened at $54.85 on Wednesday. iShares MSCI South Korea ETF has a twelve month low of $50.74 and a twelve month high of $69.52. The company has a market cap of $2.95 billion, a P/E ratio of 10.54 and a beta of 1.12. The business’s fifty day moving average is $55.82 and its 200-day moving average is $57.36.

Institutional Investors Weigh In On iShares MSCI South Korea ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bridgewater Associates LP grew its position in shares of iShares MSCI South Korea ETF by 63.7% during the 4th quarter. Bridgewater Associates LP now owns 3,154,717 shares of the exchange traded fund’s stock worth $160,544,000 after buying an additional 1,227,157 shares during the period. Arrowstreet Capital Limited Partnership boosted its stake in iShares MSCI South Korea ETF by 421.3% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,755,422 shares of the exchange traded fund’s stock worth $140,223,000 after acquiring an additional 2,226,837 shares during the last quarter. Bank of America Corp DE grew its holdings in iShares MSCI South Korea ETF by 113.1% during the fourth quarter. Bank of America Corp DE now owns 2,012,789 shares of the exchange traded fund’s stock valued at $102,431,000 after purchasing an additional 1,068,280 shares during the period. JPMorgan Chase & Co. increased its stake in iShares MSCI South Korea ETF by 88.7% in the fourth quarter. JPMorgan Chase & Co. now owns 1,723,164 shares of the exchange traded fund’s stock valued at $87,692,000 after purchasing an additional 809,967 shares in the last quarter. Finally, Rafferty Asset Management LLC increased its stake in iShares MSCI South Korea ETF by 280.4% in the fourth quarter. Rafferty Asset Management LLC now owns 1,289,299 shares of the exchange traded fund’s stock valued at $65,612,000 after purchasing an additional 950,379 shares in the last quarter.

About iShares MSCI South Korea ETF

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.