iShares MSCI Germany ETF Sees Unusually Large Options Volume (NYSEARCA:EWG)

iShares MSCI Germany ETF (NYSEARCA:EWG) was the target of some unusual options trading activity on Wednesday. Stock traders purchased 82,215 put options on the company. This represents an increase of approximately 2,024% compared to the average volume of 3,871 put options.

Institutional Investors Weigh In On iShares MSCI Germany ETF

A number of large investors have recently made changes to their positions in the company. Robertson Stephens Wealth Management LLC grew its position in iShares MSCI Germany ETF by 0.5% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 49,415 shares of the exchange traded fund’s stock valued at $2,100,000 after purchasing an additional 265 shares in the last quarter. CreativeOne Wealth LLC grew its position in iShares MSCI Germany ETF by 5.0% during the third quarter. CreativeOne Wealth LLC now owns 5,957 shares of the exchange traded fund’s stock valued at $248,000 after purchasing an additional 284 shares in the last quarter. Fiduciary Financial Group LLC grew its position in iShares MSCI Germany ETF by 0.5% during the fourth quarter. Fiduciary Financial Group LLC now owns 64,020 shares of the exchange traded fund’s stock valued at $2,721,000 after purchasing an additional 294 shares in the last quarter. Boltwood Capital Management grew its position in iShares MSCI Germany ETF by 3.6% during the fourth quarter. Boltwood Capital Management now owns 8,600 shares of the exchange traded fund’s stock valued at $366,000 after purchasing an additional 300 shares in the last quarter. Finally, Allworth Financial LP grew its position in iShares MSCI Germany ETF by 88.9% during the fourth quarter. Allworth Financial LP now owns 646 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 304 shares in the last quarter. Institutional investors and hedge funds own 53.42% of the company’s stock.

iShares MSCI Germany ETF Price Performance

EWG stock opened at $41.27 on Thursday. iShares MSCI Germany ETF has a 52-week low of $37.97 and a 52-week high of $44.65. The company’s 50 day simple moving average is $42.17 and its 200-day simple moving average is $42.17. The firm has a market capitalization of $1.41 billion, a P/E ratio of 17.79 and a beta of 0.95.

About iShares MSCI Germany ETF

iShares MSCI Germany ETF, formerly iShares MSCI Germany Index Fund (the Fund), is an exchange-traded fund. 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 German market, as measured by the MSCI Germany Index (the Index). The Index seeks to measure the performance of the Germany equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.