Investors Purchase High Volume of iShares MSCI South Korea ETF Call Options (NYSEARCA:EWY)

iShares MSCI South Korea ETF (NYSEARCA:EWY) saw unusually large options trading activity on Thursday. Investors purchased 5,734 call options on the stock. This represents an increase of 214% compared to the average daily volume of 1,828 call options.

Several large investors have recently modified their holdings of the company. Assetmark Inc. raised its stake in iShares MSCI South Korea ETF by 300,879.3% in the first quarter. Assetmark Inc. now owns 1,640,337 shares of the exchange traded fund’s stock worth $147,138,000 after buying an additional 1,639,792 shares in the last quarter. Bessemer Group Inc. bought a new position in iShares MSCI South Korea ETF in the first quarter worth about $125,880,000. Prudential PLC bought a new position in iShares MSCI South Korea ETF in the second quarter worth about $72,110,000. JPMorgan Chase & Co. raised its stake in iShares MSCI South Korea ETF by 39.5% in the second quarter. JPMorgan Chase & Co. now owns 2,544,942 shares of the exchange traded fund’s stock worth $237,137,000 after buying an additional 720,054 shares in the last quarter. Finally, Barclays PLC raised its stake in iShares MSCI South Korea ETF by 239.4% in the first quarter. Barclays PLC now owns 941,091 shares of the exchange traded fund’s stock worth $84,415,000 after buying an additional 663,803 shares in the last quarter.

iShares MSCI South Korea ETF stock traded up $1.15 during mid-day trading on Thursday, hitting $79.43. The company’s stock had a trading volume of 410,549 shares, compared to its average volume of 3,596,533. The business has a 50 day moving average price of $83.78 and a 200-day moving average price of $88.80. iShares MSCI South Korea ETF has a 12 month low of $64.46 and a 12 month high of $96.30.

iShares MSCI South Korea ETF Company Profile

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.

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