iShares MSCI Canada ETF Sees Unusually High Options Volume (NYSEARCA:EWC)

iShares MSCI Canada ETF (NYSEARCA:EWC) saw unusually large options trading on Monday. Stock traders acquired 10,013 put options on the company. This is an increase of approximately 306% compared to the average volume of 2,469 put options.

Institutional Trading of iShares MSCI Canada ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC increased its stake in iShares MSCI Canada ETF by 231,072.0% during the 2nd quarter. NewEdge Advisors LLC now owns 115,586 shares of the exchange traded fund’s stock worth $6,662,000 after buying an additional 115,536 shares during the period. Boltwood Capital Management purchased a new position in iShares MSCI Canada ETF in the 3rd quarter valued at about $613,000. Metis Global Partners LLC acquired a new stake in shares of iShares MSCI Canada ETF during the fourth quarter valued at about $25,125,000. Capstone Capital Management Ltd acquired a new stake in shares of iShares MSCI Canada ETF during the first quarter valued at about $493,000. Finally, TD Waterhouse Canada Inc. increased its position in shares of iShares MSCI Canada ETF by 11.9% during the second quarter. TD Waterhouse Canada Inc. now owns 159,019 shares of the exchange traded fund’s stock worth $9,172,000 after acquiring an additional 16,951 shares during the last quarter.

iShares MSCI Canada ETF Trading Up 0.7%

NYSEARCA EWC opened at $59.18 on Wednesday. iShares MSCI Canada ETF has a twelve month low of $49.31 and a twelve month high of $62.71. The stock has a fifty day simple moving average of $60.73 and a 200-day simple moving average of $58.74. The stock has a market cap of $7.12 billion, a PE ratio of 19.77 and a beta of 0.87.

iShares MSCI Canada ETF Company Profile

iShares MSCI Canada ETF (the Fund), formerly iShares MSCI Canada Index Fund, is an exchange-traded fund (ETF). 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 Canadian market, as measured by the MSCI Canada Index (the Index). The Index seeks to measure the performance of the Canadian equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.