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

iShares MSCI South Korea ETF (NYSEARCA:EWY) saw unusually large options trading activity on Thursday. Investors acquired 7,763 put options on the company. This represents an increase of 379% compared to the average daily volume of 1,620 put options.

iShares MSCI South Korea ETF Stock Down 0.8 %

Shares of NYSEARCA EWY opened at $61.32 on Friday. iShares MSCI South Korea ETF has a twelve month low of $54.49 and a twelve month high of $68.20. The firm has a market cap of $3.58 billion, a P/E ratio of 7.39 and a beta of 1.05. The company has a 50 day moving average of $65.10 and a 200 day moving average of $62.44.

Hedge Funds Weigh In On iShares MSCI South Korea ETF

A number of hedge funds have recently added to or reduced their stakes in EWY. Jane Street Group LLC grew its position in iShares MSCI South Korea ETF by 10,093.7% in the 4th quarter. Jane Street Group LLC now owns 2,574,107 shares of the exchange traded fund’s stock worth $145,386,000 after purchasing an additional 2,548,855 shares during the period. Hsbc Holdings PLC grew its position in shares of iShares MSCI South Korea ETF by 131.8% during the 3rd quarter. Hsbc Holdings PLC now owns 2,373,131 shares of the exchange traded fund’s stock valued at $139,873,000 after acquiring an additional 1,349,156 shares during the period. Morgan Stanley grew its position in shares of iShares MSCI South Korea ETF by 129.2% during the 4th quarter. Morgan Stanley now owns 1,754,380 shares of the exchange traded fund’s stock valued at $99,087,000 after acquiring an additional 988,955 shares during the period. BlackRock Inc. grew its position in shares of iShares MSCI South Korea ETF by 84.2% during the 1st quarter. BlackRock Inc. now owns 1,750,438 shares of the exchange traded fund’s stock valued at $124,683,000 after acquiring an additional 800,235 shares during the period. Finally, Sun Life Financial Inc. bought a new stake in shares of iShares MSCI South Korea ETF during the 4th quarter valued at $99,191,000.

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.