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

iShares MSCI South Korea ETF (NYSEARCA:EWY) was the target of unusually large options trading on Tuesday. Investors bought 13,581 call options on the company. This is an increase of 227% compared to the typical volume of 4,147 call options.

Hedge Funds Weigh In On iShares MSCI South Korea ETF

Large investors have recently bought and sold shares of the company. Banque Transatlantique SA acquired a new stake in shares of iShares MSCI South Korea ETF in the 1st quarter worth approximately $25,000. Private Trust Co. NA raised its holdings in iShares MSCI South Korea ETF by 325.3% during the first quarter. Private Trust Co. NA now owns 706 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 540 shares during the last quarter. Private Wealth Management Group LLC purchased a new stake in iShares MSCI South Korea ETF during the first quarter worth $39,000. Assetmark Inc. grew its holdings in iShares MSCI South Korea ETF by 6,375.0% in the fourth quarter. Assetmark Inc. now owns 777 shares of the exchange traded fund’s stock valued at $40,000 after purchasing an additional 765 shares during the last quarter. Finally, Summit Securities Group LLC acquired a new stake in iShares MSCI South Korea ETF in the fourth quarter valued at $41,000.

iShares MSCI South Korea ETF Stock Up 4.2%

EWY traded up $2.93 on Tuesday, reaching $72.35. The company had a trading volume of 2,957,598 shares, compared to its average volume of 3,594,029. The stock has a 50-day moving average price of $60.27 and a 200-day moving average price of $56.58. The stock has a market capitalization of $4.16 billion, a PE ratio of 10.07 and a beta of 1.12. iShares MSCI South Korea ETF has a 1 year low of $48.49 and a 1 year high of $72.61.

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.