Investors Purchase High Volume of iShares MSCI Germany ETF Put Options (NYSEARCA:EWG)

iShares MSCI Germany ETF (NYSEARCA:EWG) was the recipient of unusually large options trading on Friday. Stock investors bought 2,544 put options on the company. This is an increase of 94% compared to the average volume of 1,308 put options.

Institutional Investors Weigh In On iShares MSCI Germany ETF

A number of institutional investors have recently modified their holdings of EWG. Lido Advisors LLC increased its holdings in shares of iShares MSCI Germany ETF by 19.4% during the third quarter. Lido Advisors LLC now owns 672,870 shares of the exchange traded fund’s stock valued at $27,796,000 after acquiring an additional 109,312 shares in the last quarter. Idaho Trust Co bought a new position in iShares MSCI Germany ETF in the 3rd quarter worth about $2,639,000. StoneX Group Inc. bought a new position in iShares MSCI Germany ETF in the 3rd quarter worth about $317,000. AlphaCentric Advisors LLC boosted its stake in iShares MSCI Germany ETF by 156.6% in the 3rd quarter. AlphaCentric Advisors LLC now owns 3,865 shares of the exchange traded fund’s stock worth $160,000 after purchasing an additional 2,359 shares in the last quarter. Finally, Commonwealth Equity Services LLC purchased a new stake in iShares MSCI Germany ETF during the 3rd quarter valued at about $464,000. 53.42% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Germany ETF Stock Performance

Shares of iShares MSCI Germany ETF stock traded down $1.03 during midday trading on Friday, hitting $41.72. The company had a trading volume of 231,907 shares, compared to its average volume of 1,590,697. iShares MSCI Germany ETF has a 52-week low of $37.97 and a 52-week high of $44.85. The stock has a market capitalization of $1.56 billion, a P/E ratio of 17.79 and a beta of 0.97. The company has a 50 day moving average of $42.18 and a 200 day moving average of $42.24.

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.