iShares MSCI Brazil ETF Sees Unusually High Options Volume (NYSEARCA:EWZ)

iShares MSCI Brazil ETF (NYSEARCA:EWZ) was the target of unusually large options trading on Friday. Stock investors acquired 332,013 call options on the company. This represents an increase of approximately 125% compared to the typical daily volume of 147,462 call options.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Hudson Value Partners LLC raised its position in shares of iShares MSCI Brazil ETF by 2.8% in the 2nd quarter. Hudson Value Partners LLC now owns 32,903 shares of the exchange traded fund’s stock worth $1,135,000 after acquiring an additional 902 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its stake in iShares MSCI Brazil ETF by 63.6% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 24,382 shares of the exchange traded fund’s stock worth $841,000 after purchasing an additional 9,478 shares during the period. Contravisory Investment Management Inc. increased its holdings in iShares MSCI Brazil ETF by 2.2% in the second quarter. Contravisory Investment Management Inc. now owns 17,487 shares of the exchange traded fund’s stock worth $603,000 after purchasing an additional 383 shares in the last quarter. Polianta Ltd bought a new stake in iShares MSCI Brazil ETF in the second quarter worth approximately $9,356,000. Finally, Whitcomb & Hess Inc. lifted its stake in iShares MSCI Brazil ETF by 2.5% in the second quarter. Whitcomb & Hess Inc. now owns 287,501 shares of the exchange traded fund’s stock valued at $9,919,000 after buying an additional 7,043 shares during the period. 72.69% of the stock is owned by institutional investors.

iShares MSCI Brazil ETF Stock Up 2.8%

NYSEARCA EWZ traded up $0.97 on Friday, hitting $35.93. The company’s stock had a trading volume of 32,968,598 shares, compared to its average volume of 31,917,525. The company’s 50-day moving average is $35.66 and its 200 day moving average is $36.44. The firm has a market cap of $9.34 billion, a PE ratio of 9.58 and a beta of 0.61. iShares MSCI Brazil ETF has a 1-year low of $26.30 and a 1-year high of $42.02.

iShares MSCI Brazil ETF Company Profile

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