Stock Traders Buy High Volume of Put Options on iShares MSCI Canada ETF (NYSEARCA:EWC)

iShares MSCI Canada ETF (NYSEARCA:EWC) was the recipient of unusually large options trading on Monday. Traders acquired 30,012 put options on the company. This represents an increase of approximately 335% compared to the average volume of 6,899 put options.

iShares MSCI Canada ETF Trading Down 1.0 %

Shares of EWC stock traded down $0.42 during midday trading on Monday, reaching $42.83. 1,279,507 shares of the stock were exchanged, compared to its average volume of 2,018,985. The firm has a market cap of $3.06 billion, a PE ratio of 14.59 and a beta of 0.90. The company’s 50 day moving average is $41.77 and its two-hundred day moving average is $39.61. iShares MSCI Canada ETF has a 1 year low of $34.74 and a 1 year high of $43.28.

Institutional Trading of iShares MSCI Canada ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Ashton Thomas Private Wealth LLC purchased a new stake in shares of iShares MSCI Canada ETF in the 2nd quarter worth approximately $45,000. Syntrinsic LLC grew its stake in shares of iShares MSCI Canada ETF by 26.0% in the 2nd quarter. Syntrinsic LLC now owns 1,494 shares of the exchange traded fund’s stock worth $55,000 after buying an additional 308 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of iShares MSCI Canada ETF in the 2nd quarter worth approximately $69,000. Whittier Trust Co. boosted its stake in iShares MSCI Canada ETF by 38.7% during the 3rd quarter. Whittier Trust Co. now owns 1,682 shares of the exchange traded fund’s stock valued at $70,000 after purchasing an additional 469 shares during the last quarter. Finally, CWM LLC boosted its stake in iShares MSCI Canada ETF by 18.7% during the 2nd quarter. CWM LLC now owns 2,346 shares of the exchange traded fund’s stock valued at $87,000 after purchasing an additional 370 shares during the last quarter.

About iShares MSCI Canada ETF

iShares MSCI Canada ETF (the Fund), formerly iShares MSCI Canada Index Fund, is an exchange-traded fund (ETF). 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 Canadian market, as measured by the MSCI Canada Index (the Index).