iShares MSCI Emerging Markets ETF Target of Unusually Large Options Trading (NYSEARCA:EEM)

iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) was the target of unusually large options trading activity on Thursday. Stock traders acquired 439,645 call options on the stock. This represents an increase of 66% compared to the typical daily volume of 264,970 call options.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of EEM. Gries Financial LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 1.3% during the 3rd quarter. Gries Financial LLC now owns 14,652 shares of the exchange traded fund’s stock valued at $782,000 after purchasing an additional 187 shares during the last quarter. Brown Lisle Cummings Inc. increased its holdings in iShares MSCI Emerging Markets ETF by 11.7% during the third quarter. Brown Lisle Cummings Inc. now owns 1,926 shares of the exchange traded fund’s stock worth $103,000 after buying an additional 201 shares during the last quarter. Accredited Wealth Management LLC increased its holdings in iShares MSCI Emerging Markets ETF by 42.7% during the third quarter. Accredited Wealth Management LLC now owns 688 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 206 shares during the last quarter. Sowell Financial Services LLC raised its position in iShares MSCI Emerging Markets ETF by 0.3% in the second quarter. Sowell Financial Services LLC now owns 71,413 shares of the exchange traded fund’s stock worth $3,445,000 after acquiring an additional 211 shares during the period. Finally, United Capital Financial Advisors LLC boosted its stake in iShares MSCI Emerging Markets ETF by 0.4% in the third quarter. United Capital Financial Advisors LLC now owns 58,727 shares of the exchange traded fund’s stock valued at $3,136,000 after acquiring an additional 213 shares during the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA:EEM traded up $0.34 on Thursday, hitting $58.09. The stock had a trading volume of 60,418,114 shares, compared to its average volume of 37,858,012. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $58.38. The firm’s fifty day simple moving average is $54.84 and its two-hundred day simple moving average is $52.58. The stock has a market cap of $22.98 billion, a P/E ratio of 14.46 and a beta of 0.64.

About iShares MSCI Emerging Markets ETF

iShares MSCI Emerging Markets ETF, formerly iShares MSCI Emerging Markets Index Fund (the Fund), seeks investment results that correspond generally to the price and yield performance of publicly traded equity securities in global emerging markets, as measured by the MSCI Emerging Markets Index (the Index). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.