Traders Buy Large Volume of iShares MSCI Canada ETF Put Options (NYSEARCA:EWC)

iShares MSCI Canada ETF (NYSEARCA:EWC) was the target of unusually large options trading on Tuesday. Traders bought 27,611 put options on the stock. This represents an increase of approximately 257% compared to the average daily volume of 7,734 put options.

Institutional Investors Weigh In On iShares MSCI Canada ETF

Several large investors have recently made changes to their positions in EWC. New Vernon Capital Holdings II LLC boosted its position in iShares MSCI Canada ETF by 5,813.7% in the first quarter. New Vernon Capital Holdings II LLC now owns 4,121,700 shares of the exchange traded fund’s stock valued at $167,959,000 after buying an additional 4,052,002 shares in the last quarter. Asset Management One Co. Ltd. raised its stake in shares of iShares MSCI Canada ETF by 0.4% in the third quarter. Asset Management One Co. Ltd. now owns 1,922,798 shares of the exchange traded fund’s stock valued at $97,197,000 after acquiring an additional 8,117 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of iShares MSCI Canada ETF by 22.8% in the 2nd quarter. Bank of America Corp DE now owns 1,769,516 shares of the exchange traded fund’s stock worth $81,752,000 after acquiring an additional 328,742 shares in the last quarter. Korea Investment CORP boosted its holdings in shares of iShares MSCI Canada ETF by 52.1% in the 1st quarter. Korea Investment CORP now owns 1,663,100 shares of the exchange traded fund’s stock worth $67,771,000 after acquiring an additional 569,707 shares in the last quarter. Finally, Assetmark Inc. grew its position in iShares MSCI Canada ETF by 1.9% during the 3rd quarter. Assetmark Inc. now owns 1,662,312 shares of the exchange traded fund’s stock worth $84,030,000 after acquiring an additional 31,104 shares during the last quarter.

iShares MSCI Canada ETF Stock Up 0.2%

NYSEARCA:EWC traded up $0.12 during trading hours on Tuesday, reaching $53.07. The company had a trading volume of 1,207,966 shares, compared to its average volume of 2,367,395. The stock has a 50-day moving average of $51.00 and a two-hundred day moving average of $48.49. iShares MSCI Canada ETF has a one year low of $36.70 and a one year high of $53.47. The firm has a market capitalization of $3.55 billion, a PE ratio of 19.77 and a beta of 0.94.

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).