iShares MSCI South Korea ETF Target of Unusually Large Options Trading (NYSEARCA:EWY)

iShares MSCI South Korea ETF (NYSEARCA:EWY) was the recipient of unusually large options trading on Friday. Stock investors acquired 9,292 put options on the stock. This is an increase of 269% compared to the average volume of 2,515 put options.

Institutional Investors Weigh In On iShares MSCI South Korea ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Trium Capital LLP bought a new stake in iShares MSCI South Korea ETF in the fourth quarter valued at about $18,680,000. FNY Investment Advisers LLC bought a new stake in iShares MSCI South Korea ETF in the fourth quarter valued at about $762,000. JPMorgan Chase & Co. increased its holdings in iShares MSCI South Korea ETF by 25.3% in the third quarter. JPMorgan Chase & Co. now owns 913,197 shares of the exchange traded fund’s stock valued at $58,408,000 after purchasing an additional 184,207 shares during the last quarter. SPX Gestao de Recursos Ltda increased its holdings in iShares MSCI South Korea ETF by 130.6% in the third quarter. SPX Gestao de Recursos Ltda now owns 345,857 shares of the exchange traded fund’s stock valued at $22,121,000 after purchasing an additional 195,857 shares during the last quarter. Finally, Synovus Financial Corp increased its holdings in iShares MSCI South Korea ETF by 3.6% in the third quarter. Synovus Financial Corp now owns 53,623 shares of the exchange traded fund’s stock valued at $3,430,000 after purchasing an additional 1,879 shares during the last quarter.

iShares MSCI South Korea ETF Price Performance

Shares of NYSEARCA EWY opened at $54.83 on Friday. The firm has a market capitalization of $4.35 billion, a PE ratio of 9.60 and a beta of 1.25. iShares MSCI South Korea ETF has a 1-year low of $50.74 and a 1-year high of $69.51. The business’s fifty day moving average price is $54.87 and its two-hundred day moving average price is $60.71.

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.