iShares MSCI United Kingdom ETF Sees Unusually High Options Volume (NYSEARCA:EWU)

iShares MSCI United Kingdom ETF (NYSEARCA:EWU) was the recipient of unusually large options trading activity on Wednesday. Stock investors bought 6,159 call options on the company. This is an increase of approximately 753% compared to the typical daily volume of 722 call options.

iShares MSCI United Kingdom ETF Price Performance

Shares of EWU stock traded up $0.67 during trading hours on Wednesday, reaching $47.41. 1,164,662 shares of the company were exchanged, compared to its average volume of 2,060,495. iShares MSCI United Kingdom ETF has a fifty-two week low of $32.76 and a fifty-two week high of $47.46. The stock’s fifty day moving average is $44.72 and its two-hundred day moving average is $42.88. The company has a market cap of $3.07 billion, a price-to-earnings ratio of 15.42 and a beta of 0.71.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Truist Financial Corp increased its position in iShares MSCI United Kingdom ETF by 5.0% in the second quarter. Truist Financial Corp now owns 7,559 shares of the company’s stock worth $300,000 after purchasing an additional 363 shares during the period. Lunt Capital Management Inc. bought a new position in iShares MSCI United Kingdom ETF in the second quarter valued at approximately $202,000. Stratos Wealth Advisors LLC grew its holdings in iShares MSCI United Kingdom ETF by 57.1% during the 2nd quarter. Stratos Wealth Advisors LLC now owns 170,851 shares of the company’s stock worth $6,786,000 after acquiring an additional 62,066 shares during the period. Retirement Planning Group LLC bought a new stake in shares of iShares MSCI United Kingdom ETF during the 2nd quarter valued at $302,000. Finally, Brookstone Capital Management lifted its stake in shares of iShares MSCI United Kingdom ETF by 33.4% in the 2nd quarter. Brookstone Capital Management now owns 8,300 shares of the company’s stock valued at $330,000 after purchasing an additional 2,080 shares during the period. Institutional investors and hedge funds own 58.38% of the company’s stock.

About iShares MSCI United Kingdom ETF

The iShares MSCI United Kingdom ETF (EWU) is an exchange-traded fund that is based on the MSCI United Kingdom index. The fund tracks a market cap-weighted index of British companies. It covers the top 85% of British companies by market cap. EWU was launched on Mar 12, 1996 and is managed by BlackRock.