iShares MSCI Brazil Index Sees Unusually Large Options Volume (NYSE:EWZ)

iShares MSCI Brazil Index (NYSE:EWZ) saw unusually large options trading on Thursday. Traders bought 67,055 put options on the company. This is an increase of approximately 190% compared to the typical daily volume of 23,159 put options.

A number of large investors have recently made changes to their positions in the company. Glen Point Capital LLP purchased a new stake in shares of iShares MSCI Brazil Index during the second quarter worth about $97,299,000. Rafferty Asset Management LLC raised its stake in shares of iShares MSCI Brazil Index by 123.2% in the second quarter. Rafferty Asset Management LLC now owns 2,420,729 shares of the exchange traded fund’s stock worth $82,644,000 after buying an additional 1,336,073 shares during the period. SG Americas Securities LLC raised its stake in shares of iShares MSCI Brazil Index by 112.6% in the second quarter. SG Americas Securities LLC now owns 1,964,013 shares of the exchange traded fund’s stock worth $67,051,000 after buying an additional 1,040,200 shares during the period. Investure LLC purchased a new stake in shares of iShares MSCI Brazil Index during the second quarter worth about $25,434,000. Finally, ING Groep NV raised its stake in shares of iShares MSCI Brazil Index by 36.9% in the second quarter. ING Groep NV now owns 1,628,398 shares of the exchange traded fund’s stock worth $55,594,000 after buying an additional 439,289 shares during the period.

Shares of iShares MSCI Brazil Index (NYSE EWZ) opened at 38.00 on Friday. The stock has a 50 day moving average price of $36.37 and a 200-day moving average price of $36.80. iShares MSCI Brazil Index has a 1-year low of $31.04 and a 1-year high of $40.80.

COPYRIGHT VIOLATION WARNING: “iShares MSCI Brazil Index Sees Unusually Large Options Volume (NYSE:EWZ)” was posted by Transcript Daily and is owned by of Transcript Daily. If you are reading this piece on another publication, it was copied illegally and republished in violation of United States and international copyright & trademark legislation. The legal version of this piece can be viewed at https://transcriptdaily.com/2017/08/13/ishares-msci-brazil-index-sees-unusually-large-options-volume-nyseewz.html.

About iShares MSCI Brazil Index

iShares MSCI Brazil Capped Index Fund (the Fund), formerly iShares MSCI Brazil Index 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 Brazilian market, as measured by the MSCI Brazil Index (the Index).

Receive News & Ratings for iShares MSCI Brazil Index Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Brazil Index and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply