Stock Traders Buy High Volume of Put Options on iShares MSCI South Korea ETF (NYSEARCA:EWY)

iShares MSCI South Korea ETF (NYSEARCA:EWY) was the target of some unusual options trading on Wednesday. Stock investors acquired 134,589 put options on the company. This represents an increase of approximately 76% compared to the average volume of 76,321 put options.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in EWY. Viewpoint Capital Management LLC increased its stake in iShares MSCI South Korea ETF by 20,000.0% in the 1st quarter. Viewpoint Capital Management LLC now owns 201 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 200 shares during the period. Archer Investment Corp acquired a new position in iShares MSCI South Korea ETF in the 1st quarter valued at approximately $25,000. Prestige Wealth Management Group LLC acquired a new position in iShares MSCI South Korea ETF in the 1st quarter valued at approximately $25,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in iShares MSCI South Korea ETF in the 4th quarter valued at approximately $26,000. Finally, Nvwm LLC acquired a new position in iShares MSCI South Korea ETF in the 4th quarter valued at approximately $29,000. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Trading Up 1.0%

Shares of EWY stock opened at $190.52 on Friday. iShares MSCI South Korea ETF has a 1-year low of $58.19 and a 1-year high of $194.58. The company has a market capitalization of $25.35 billion, a price-to-earnings ratio of 10.35 and a beta of 1.38. The stock’s fifty day simple moving average is $143.89 and its 200-day simple moving average is $120.43.

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. The Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no issuer of a component exceeds 25% of the Index weight and all issuers with weight above 5% do not exceed 50% of the Index weight.