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

iShares MSCI Canada ETF (NYSEARCA:EWC) was the recipient of unusually large options trading on Thursday. Investors bought 120,001 put options on the company. This represents an increase of 2,845% compared to the typical volume of 4,075 put options.

iShares MSCI Canada ETF Trading Up 0.6 %

Shares of NYSEARCA EWC opened at $41.69 on Friday. iShares MSCI Canada ETF has a 1 year low of $31.41 and a 1 year high of $41.87. The firm’s 50-day moving average is $39.72 and its 200-day moving average is $38.42. The firm has a market capitalization of $2.98 billion, a PE ratio of 14.59 and a beta of 0.90.

Hedge Funds Weigh In On iShares MSCI Canada ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of EWC. Sanctuary Advisors LLC acquired a new position in iShares MSCI Canada ETF in the second quarter valued at about $201,000. Creekside Partners bought a new stake in shares of iShares MSCI Canada ETF in the 2nd quarter valued at about $203,000. Marshall Wace LLP raised its position in shares of iShares MSCI Canada ETF by 59.7% in the 2nd quarter. Marshall Wace LLP now owns 31,789 shares of the exchange traded fund’s stock valued at $1,179,000 after acquiring an additional 11,889 shares during the period. DRW Securities LLC boosted its stake in iShares MSCI Canada ETF by 4,746.7% during the 2nd quarter. DRW Securities LLC now owns 365,638 shares of the exchange traded fund’s stock worth $13,562,000 after acquiring an additional 358,094 shares during the last quarter. Finally, 1832 Asset Management L.P. grew its holdings in iShares MSCI Canada ETF by 109.9% during the second quarter. 1832 Asset Management L.P. now owns 83,464 shares of the exchange traded fund’s stock valued at $3,096,000 after purchasing an additional 43,694 shares during the period.

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).