Investors Purchase High Volume of Call Options on iShares MSCI South Korea ETF (NYSEARCA:EWY)

iShares MSCI South Korea ETF (NYSEARCA:EWY) was the target of some unusual options trading activity on Monday. Stock traders bought 121,163 call options on the stock. This represents an increase of 1,320% compared to the average volume of 8,532 call options.

iShares MSCI South Korea ETF Stock Down 3.5%

EWY opened at $89.52 on Wednesday. iShares MSCI South Korea ETF has a 52-week low of $48.49 and a 52-week high of $100.79. The company has a 50 day moving average of $91.69 and a two-hundred day moving average of $79.81. The company has a market cap of $6.47 billion, a P/E ratio of 10.35 and a beta of 1.22.

Institutional Trading of iShares MSCI South Korea ETF

A number of hedge funds and other institutional investors have recently modified their holdings of EWY. Knights of Columbus Asset Advisors LLC increased its holdings in shares of iShares MSCI South Korea ETF by 2.4% in 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 last quarter. Guidance Capital Inc. boosted its holdings in iShares MSCI South Korea ETF by 2.4% in the third quarter. Guidance Capital Inc. now owns 6,221 shares of the exchange traded fund’s stock worth $498,000 after purchasing an additional 146 shares during the period. Creative Planning increased its stake in iShares MSCI South Korea ETF by 3.6% during the second quarter. Creative Planning now owns 5,021 shares of the exchange traded fund’s stock valued at $360,000 after purchasing an additional 176 shares during the last quarter. Boltwood Capital Management grew its position in shares of iShares MSCI South Korea ETF by 5.3% during the 3rd quarter. Boltwood Capital Management now owns 4,000 shares of the exchange traded fund’s stock valued at $320,000 after buying an additional 200 shares during the last quarter. Finally, Leavell Investment Management Inc. lifted its holdings in iShares MSCI South Korea ETF by 1.9% in the third quarter. Leavell Investment Management Inc. now owns 14,736 shares of the exchange traded fund’s stock worth $1,180,000 after acquiring an additional 268 shares during the last quarter. 49.22% of the stock is owned by hedge funds and other institutional investors.

About iShares MSCI South Korea ETF

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.