iShares MSCI Germany ETF Target of Unusually Large Options Trading (NYSEARCA:EWG)

iShares MSCI Germany ETF (NYSEARCA:EWG) was the target of unusually large options trading on Wednesday. Investors purchased 20,005 put options on the stock. This represents an increase of approximately 462% compared to the typical daily volume of 3,561 put options.

Institutional Trading of iShares MSCI Germany ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Robertson Stephens Wealth Management LLC raised its position in iShares MSCI Germany ETF by 0.5% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 49,415 shares of the exchange traded fund’s stock valued at $2,100,000 after buying an additional 265 shares during the last quarter. CreativeOne Wealth LLC lifted its position in shares of iShares MSCI Germany ETF by 5.0% during the 3rd quarter. CreativeOne Wealth LLC now owns 5,957 shares of the exchange traded fund’s stock worth $248,000 after buying an additional 284 shares in the last quarter. Fiduciary Financial Group LLC boosted its stake in shares of iShares MSCI Germany ETF by 0.5% in the 4th quarter. Fiduciary Financial Group LLC now owns 64,020 shares of the exchange traded fund’s stock worth $2,721,000 after buying an additional 294 shares during the last quarter. Boltwood Capital Management grew its holdings in shares of iShares MSCI Germany ETF by 3.6% in the fourth quarter. Boltwood Capital Management now owns 8,600 shares of the exchange traded fund’s stock valued at $366,000 after acquiring an additional 300 shares in the last quarter. Finally, Allworth Financial LP increased its position in shares of iShares MSCI Germany ETF by 88.9% during the fourth quarter. Allworth Financial LP now owns 646 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 304 shares during the last quarter. 53.42% of the stock is owned by institutional investors.

iShares MSCI Germany ETF Price Performance

Shares of NYSEARCA:EWG traded up $0.66 during trading on Wednesday, reaching $42.70. 633,782 shares of the stock were exchanged, compared to its average volume of 2,317,536. iShares MSCI Germany ETF has a 1-year low of $37.97 and a 1-year high of $44.65. The stock has a fifty day moving average of $41.14 and a two-hundred day moving average of $41.91. The firm has a market cap of $1.46 billion, a price-to-earnings ratio of 17.79 and a beta of 0.95.

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). The Index seeks to measure the performance of the Germany equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.