Investors Buy High Volume of Call Options on iShares MSCI Hong Kong ETF (NYSEARCA:EWH)

iShares MSCI Hong Kong ETF (NYSEARCA:EWH) was the recipient of unusually large options trading on Tuesday. Investors acquired 4,087 call options on the stock. This represents an increase of 753% compared to the average volume of 479 call options.

Institutional Trading of iShares MSCI Hong Kong ETF

A number of hedge funds have recently modified their holdings of EWH. HighTower Advisors LLC grew its position in iShares MSCI Hong Kong ETF by 1.9% during the third quarter. HighTower Advisors LLC now owns 102,964 shares of the exchange traded fund’s stock valued at $1,914,000 after buying an additional 1,911 shares during the period. Farther Finance Advisors LLC acquired a new stake in shares of iShares MSCI Hong Kong ETF during the 3rd quarter valued at about $67,000. Pekin Hardy Strauss Inc. increased its stake in shares of iShares MSCI Hong Kong ETF by 15.4% in the 2nd quarter. Pekin Hardy Strauss Inc. now owns 43,815 shares of the exchange traded fund’s stock valued at $670,000 after purchasing an additional 5,850 shares in the last quarter. USA Financial Formulas acquired a new position in iShares MSCI Hong Kong ETF in the 4th quarter worth about $150,000. Finally, National Bank of Canada FI boosted its position in iShares MSCI Hong Kong ETF by 1,823.9% during the third quarter. National Bank of Canada FI now owns 10,389 shares of the exchange traded fund’s stock worth $194,000 after purchasing an additional 9,849 shares in the last quarter. Hedge funds and other institutional investors own 50.59% of the company’s stock.

iShares MSCI Hong Kong ETF Stock Performance

EWH stock traded down $0.01 during midday trading on Thursday, reaching $16.09. The stock had a trading volume of 1,863,152 shares, compared to its average volume of 2,477,165. The firm has a fifty day simple moving average of $16.99 and a two-hundred day simple moving average of $16.74. iShares MSCI Hong Kong ETF has a 52-week low of $14.64 and a 52-week high of $20.36.

iShares MSCI Hong Kong ETF Company Profile

iShares MSCI Hong Kong Index Fund, formerly Shares MSCI Hong Kong ETF, (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 Hong Kong market, as measured by the MSCI Hong Kong Index (the Index).