Stock Traders Buy Large Volume of iShares MSCI Brazil ETF Call Options (NYSEARCA:EWZ)

iShares MSCI Brazil ETF (NYSEARCA:EWZ) saw some unusual options trading activity on Wednesday. Investors purchased 264,421 call options on the stock. This is an increase of 115% compared to the typical daily volume of 122,988 call options.

iShares MSCI Brazil ETF Trading Down 0.1 %

Shares of iShares MSCI Brazil ETF stock opened at $28.18 on Thursday. The firm has a market capitalization of $4.43 billion, a PE ratio of 5.65 and a beta of 0.93. The firm’s 50 day moving average is $29.25 and its 200 day moving average is $29.34. iShares MSCI Brazil ETF has a 1 year low of $26.23 and a 1 year high of $35.74.

Institutional Investors Weigh In On iShares MSCI Brazil ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Private Advisor Group LLC grew its holdings in iShares MSCI Brazil ETF by 3.6% during the 1st quarter. Private Advisor Group LLC now owns 35,021 shares of the exchange traded fund’s stock worth $1,135,000 after acquiring an additional 1,220 shares during the last quarter. New Harbor Financial Group LLC grew its holdings in iShares MSCI Brazil ETF by 1.5% during the 1st quarter. New Harbor Financial Group LLC now owns 628,056 shares of the exchange traded fund’s stock worth $20,362,000 after acquiring an additional 9,189 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in iShares MSCI Brazil ETF by 23.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 27,472 shares of the exchange traded fund’s stock worth $891,000 after acquiring an additional 5,275 shares during the last quarter. GSA Capital Partners LLP grew its holdings in iShares MSCI Brazil ETF by 6.4% during the 1st quarter. GSA Capital Partners LLP now owns 66,617 shares of the exchange traded fund’s stock worth $2,160,000 after acquiring an additional 4,017 shares during the last quarter. Finally, Csenge Advisory Group grew its holdings in iShares MSCI Brazil ETF by 19.5% during the 1st quarter. Csenge Advisory Group now owns 18,209 shares of the exchange traded fund’s stock worth $590,000 after acquiring an additional 2,971 shares during the last quarter.

About iShares MSCI Brazil ETF

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).