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

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

iShares MSCI South Korea ETF Stock Performance

Shares of NYSEARCA EWY opened at $61.32 on Friday. The firm has a market cap of $3.58 billion, a P/E ratio of 7.39 and a beta of 1.05. The stock has a fifty day moving average price of $65.10 and a two-hundred day moving average price of $62.44. iShares MSCI South Korea ETF has a 1 year low of $54.49 and a 1 year high of $68.20.

Institutional Investors Weigh In On iShares MSCI South Korea ETF

Several large investors have recently modified their holdings of EWY. Founders Capital Management purchased a new stake in shares of iShares MSCI South Korea ETF during the first quarter worth $27,000. Patriot Investment Management Group Inc. purchased a new stake in shares of iShares MSCI South Korea ETF during the fourth quarter worth $47,000. Global Retirement Partners LLC raised its holdings in shares of iShares MSCI South Korea ETF by 100.0% during the third quarter. Global Retirement Partners LLC now owns 1,014 shares of the exchange traded fund’s stock worth $59,000 after acquiring an additional 507 shares in the last quarter. LM Advisors LLC purchased a new stake in shares of iShares MSCI South Korea ETF during the fourth quarter worth $67,000. Finally, Geneos Wealth Management Inc. raised its holdings in shares of iShares MSCI South Korea ETF by 242.7% during the fourth quarter. Geneos Wealth Management Inc. now owns 1,131 shares of the exchange traded fund’s stock worth $74,000 after acquiring an additional 801 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.