iShares MSCI Australia ETF Sees Unusually High Options Volume (NYSEARCA:EWA)

iShares MSCI Australia ETF (NYSEARCA:EWA) saw some unusual options trading on Thursday. Stock traders bought 14,430 put options on the company. This is an increase of approximately 7,115% compared to the typical volume of 200 put options.

Institutional Investors Weigh In On iShares MSCI Australia ETF

Several institutional investors have recently modified their holdings of the company. Independent Wealth Network Inc. increased its position in iShares MSCI Australia ETF by 1.6% during the 3rd quarter. Independent Wealth Network Inc. now owns 28,904 shares of the exchange traded fund’s stock worth $780,000 after purchasing an additional 462 shares in the last quarter. Gould Asset Management LLC CA lifted its holdings in iShares MSCI Australia ETF by 4.5% in the 3rd quarter. Gould Asset Management LLC CA now owns 11,030 shares of the exchange traded fund’s stock valued at $298,000 after purchasing an additional 470 shares in the last quarter. Acima Private Wealth LLC boosted its stake in shares of iShares MSCI Australia ETF by 1.1% during the 3rd quarter. Acima Private Wealth LLC now owns 48,773 shares of the exchange traded fund’s stock worth $1,317,000 after purchasing an additional 528 shares during the last quarter. Global Retirement Partners LLC boosted its stake in shares of iShares MSCI Australia ETF by 7.9% during the 3rd quarter. Global Retirement Partners LLC now owns 8,334 shares of the exchange traded fund’s stock worth $225,000 after purchasing an additional 613 shares during the last quarter. Finally, Comerica Bank grew its holdings in shares of iShares MSCI Australia ETF by 21.7% during the first quarter. Comerica Bank now owns 3,627 shares of the exchange traded fund’s stock worth $85,000 after buying an additional 646 shares in the last quarter. Hedge funds and other institutional investors own 59.69% of the company’s stock.

iShares MSCI Australia ETF Trading Down 0.1%

Shares of NYSEARCA:EWA traded down $0.03 on Thursday, reaching $28.06. 5,287,409 shares of the company were exchanged, compared to its average volume of 6,017,303. iShares MSCI Australia ETF has a 1-year low of $20.50 and a 1-year high of $30.24. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of 19.89 and a beta of 1.04. The company has a 50-day moving average of $28.53 and a 200-day moving average of $27.23.

About iShares MSCI Australia ETF

iShares MSCI Australia ETF (the Fund), formerly iShares MSCI Australia Index Fund, is an exchange-traded fund (ETF). The Fund seeks to provide investment results that correspond generally to the price and yield performance, of publicly traded securities in the Australian market, as represented by the MSCI Australia Index (the Index). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. The Index seeks to measure the performance of the Australian equity market.