Investors Purchase Large Volume of iShares MSCI Germany ETF Call Options (NYSEARCA:EWG)

iShares MSCI Germany ETF (NYSEARCA:EWG) was the recipient of some unusual options trading activity on Thursday. Traders acquired 7,056 call options on the stock. This represents an increase of approximately 161% compared to the typical daily volume of 2,701 call options.

Institutional Investors Weigh In On iShares MSCI Germany ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Dai ichi Life Holdings Inc. bought a new stake in iShares MSCI Germany ETF during the 3rd quarter valued at $1,189,000. Main Management ETF Advisors LLC raised its stake in shares of iShares MSCI Germany ETF by 14.2% during the third quarter. Main Management ETF Advisors LLC now owns 263,660 shares of the exchange traded fund’s stock valued at $8,922,000 after acquiring an additional 32,865 shares during the last quarter. Wellington Management Group LLP boosted its holdings in shares of iShares MSCI Germany ETF by 6.4% during the third quarter. Wellington Management Group LLP now owns 178,435 shares of the exchange traded fund’s stock worth $6,038,000 after purchasing an additional 10,741 shares during the period. Mount Lucas Management LP grew its stake in shares of iShares MSCI Germany ETF by 3.1% in the third quarter. Mount Lucas Management LP now owns 23,271 shares of the exchange traded fund’s stock worth $787,000 after purchasing an additional 703 shares during the last quarter. Finally, National Bank of Canada FI grew its stake in shares of iShares MSCI Germany ETF by 43.9% in the third quarter. National Bank of Canada FI now owns 6,224 shares of the exchange traded fund’s stock worth $211,000 after purchasing an additional 1,900 shares during the last quarter.

iShares MSCI Germany ETF Stock Performance

NYSEARCA:EWG traded up $0.15 during mid-day trading on Thursday, reaching $38.68. The stock had a trading volume of 6,209,791 shares, compared to its average volume of 1,508,043. The stock has a market capitalization of $1.15 billion, a P/E ratio of 18.62 and a beta of 1.13. The firm has a 50 day moving average price of $34.37 and a two-hundred day moving average price of $33.16. iShares MSCI Germany ETF has a one year low of $29.27 and a one year high of $39.19.

iShares MSCI Germany ETF Company Profile

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