Investors Purchase Large Volume of Call Options on iShares MSCI Mexico ETF (NYSEARCA:EWW)

iShares MSCI Mexico ETF (NYSEARCA:EWW) was the recipient of some unusual options trading on Monday. Traders bought 57,371 call options on the stock. This is an increase of approximately 5,649% compared to the average daily volume of 998 call options.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. CWM LLC grew its stake in shares of iShares MSCI Mexico ETF by 90.2% in the 3rd quarter. CWM LLC now owns 466 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 221 shares during the period. Farther Finance Advisors LLC lifted its position in shares of iShares MSCI Mexico ETF by 289.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 491 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 365 shares during the period. Viewpoint Capital Management LLC acquired a new stake in iShares MSCI Mexico ETF in the 2nd quarter valued at $30,000. North Capital Inc. bought a new stake in iShares MSCI Mexico ETF in the second quarter valued at $30,000. Finally, Triumph Capital Management acquired a new position in iShares MSCI Mexico ETF during the third quarter worth $39,000.

iShares MSCI Mexico ETF Stock Performance

NYSEARCA:EWW opened at $68.28 on Wednesday. The company has a 50-day moving average of $67.22 and a 200-day moving average of $63.90. iShares MSCI Mexico ETF has a 52 week low of $46.41 and a 52 week high of $71.60. The company has a market capitalization of $2.08 billion, a price-to-earnings ratio of 12.85 and a beta of 0.91.

iShares MSCI Mexico ETF Company Profile

iShares MSCI Mexico Capped ETF (the Fund), formerly iShares MSCI Mexico Capped Investable Market Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Mexico IMI 25/50 Index (the Index). The Index consists of stocks traded primarily on the Mexican Stock Exchange.