iShares MSCI Brazil ETF Sees Unusually High Options Volume (NYSEARCA:EWZ)

iShares MSCI Brazil ETF (NYSEARCA:EWZ) saw some unusual options trading on Tuesday. Stock traders bought 184,937 call options on the company. This represents an increase of approximately 18% compared to the typical volume of 156,960 call options.

Institutional Investors Weigh In On iShares MSCI Brazil ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. KB Financial Partners LLC bought a new stake in iShares MSCI Brazil ETF during the 3rd quarter worth approximately $31,000. Global Retirement Partners LLC boosted its stake in iShares MSCI Brazil ETF by 131.5% during the first quarter. Global Retirement Partners LLC now owns 1,609 shares of the exchange traded fund’s stock worth $52,000 after buying an additional 914 shares during the period. Bank Julius Baer & Co. Ltd Zurich purchased a new position in iShares MSCI Brazil ETF during the fourth quarter worth $54,000. CWM LLC boosted its stake in iShares MSCI Brazil ETF by 288.6% during the first quarter. CWM LLC now owns 2,390 shares of the exchange traded fund’s stock worth $77,000 after buying an additional 1,775 shares during the period. Finally, Allworth Financial LP purchased a new stake in shares of iShares MSCI Brazil ETF during the fourth quarter valued at $83,000.

iShares MSCI Brazil ETF Stock Down 0.7 %

Shares of iShares MSCI Brazil ETF stock traded down $0.18 on Tuesday, reaching $26.96. The company’s stock had a trading volume of 17,633,240 shares, compared to its average volume of 21,648,506. The company has a market capitalization of $4.23 billion, a price-to-earnings ratio of 5.65 and a beta of 0.93. The firm’s fifty day simple moving average is $29.86 and its two-hundred day simple moving average is $31.92. iShares MSCI Brazil ETF has a 52 week low of $26.83 and a 52 week high of $35.74.

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).