iShares MSCI South Korea ETF Sees Unusually Large Options Volume (NYSEARCA:EWY)

iShares MSCI South Korea ETF (NYSEARCA:EWY) was the recipient of unusually large options trading activity on Wednesday. Stock traders acquired 90,869 call options on the company. This is an increase of 47% compared to the average volume of 61,714 call options.

iShares MSCI South Korea ETF Stock Up 8.8%

Shares of NYSEARCA:EWY traded up $11.24 during midday trading on Wednesday, reaching $138.43. The company’s stock had a trading volume of 14,565,094 shares, compared to its average volume of 20,038,572. iShares MSCI South Korea ETF has a 12-month low of $48.76 and a 12-month high of $154.22. The firm has a 50 day moving average of $130.10 and a 200-day moving average of $107.04. The firm has a market capitalization of $18.03 billion, a P/E ratio of 10.35 and a beta of 1.23.

Institutional Trading of iShares MSCI South Korea ETF

Institutional investors have recently bought and sold shares of the company. Knights of Columbus Asset Advisors LLC lifted its stake in iShares MSCI South Korea ETF by 2.4% during the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 5,820 shares of the exchange traded fund’s stock valued at $466,000 after acquiring an additional 138 shares during the period. Guidance Capital Inc. lifted its stake in iShares MSCI South Korea ETF by 2.4% during the 3rd quarter. Guidance Capital Inc. now owns 6,221 shares of the exchange traded fund’s stock valued at $498,000 after acquiring an additional 146 shares during the period. Diversify Advisory Services LLC lifted its stake in iShares MSCI South Korea ETF by 1.9% during the 4th quarter. Diversify Advisory Services LLC now owns 8,769 shares of the exchange traded fund’s stock valued at $853,000 after acquiring an additional 162 shares during the period. Creative Planning lifted its stake in iShares MSCI South Korea ETF by 3.6% during the 2nd quarter. Creative Planning now owns 5,021 shares of the exchange traded fund’s stock valued at $360,000 after acquiring an additional 176 shares during the period. Finally, PNC Financial Services Group Inc. lifted its stake in shares of iShares MSCI South Korea ETF by 5.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,844 shares of the exchange traded fund’s stock worth $374,000 after purchasing an additional 184 shares during the period. 49.22% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Company Profile

iShares MSCI South Korea Capped ETF (the Fund) is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Korea 25/50 Index (the Index). The Index consists of stocks traded primarily on the Stock Market Division of the Korean Exchange. The Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no issuer of a component exceeds 25% of the Index weight and all issuers with weight above 5% do not exceed 50% of the Index weight.