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

iShares MSCI South Korea ETF (NYSEARCA:EWY) saw unusually large options trading activity on Thursday. Stock investors purchased 7,763 put options on the company. This represents an increase of approximately 379% compared to the average daily volume of 1,620 put options.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Bryn Mawr Capital Management LLC acquired a new stake in shares of iShares MSCI South Korea ETF during the third quarter worth $213,000. Pacer Advisors Inc. increased its stake in shares of iShares MSCI South Korea ETF by 4.1% during the fourth quarter. Pacer Advisors Inc. now owns 107,965 shares of the exchange traded fund’s stock worth $7,075,000 after acquiring an additional 4,267 shares during the period. Nisa Investment Advisors LLC raised its holdings in iShares MSCI South Korea ETF by 14.8% during the third quarter. Nisa Investment Advisors LLC now owns 28,000 shares of the exchange traded fund’s stock worth $1,650,000 after purchasing an additional 3,600 shares in the last quarter. Richard Bernstein Advisors LLC raised its holdings in iShares MSCI South Korea ETF by 11.3% during the third quarter. Richard Bernstein Advisors LLC now owns 291,300 shares of the exchange traded fund’s stock worth $17,169,000 after purchasing an additional 29,500 shares in the last quarter. Finally, Knights of Columbus Asset Advisors LLC lifted its position in iShares MSCI South Korea ETF by 70.0% in the third quarter. Knights of Columbus Asset Advisors LLC now owns 4,089 shares of the exchange traded fund’s stock valued at $241,000 after purchasing an additional 1,683 shares during the period.

iShares MSCI South Korea ETF Price Performance

Shares of iShares MSCI South Korea ETF stock traded up $1.50 during trading on Thursday, hitting $62.38. 1,754,314 shares of the stock were exchanged, compared to its average volume of 3,643,039. The firm’s 50-day moving average price is $65.17 and its 200 day moving average price is $62.43. The stock has a market cap of $3.64 billion, a price-to-earnings ratio of 7.39 and a beta of 1.05. iShares MSCI South Korea ETF has a 12-month low of $54.49 and a 12-month high of $68.20.

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.