iShares MSCI Emerging Markets ETF Sees Unusually High Options Volume (NYSEARCA:EEM)

iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) was the recipient of some unusual options trading on Monday. Investors purchased 7,162,662 call options on the company. This represents an increase of approximately 4,065% compared to the average daily volume of 171,974 call options.

Hedge Funds Weigh In On iShares MSCI Emerging Markets ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Gries Financial LLC lifted its stake in iShares MSCI Emerging Markets ETF by 1.3% in the third quarter. Gries Financial LLC now owns 14,652 shares of the exchange traded fund’s stock worth $782,000 after acquiring an additional 187 shares during the period. Brown Lisle Cummings Inc. raised its holdings in shares of iShares MSCI Emerging Markets ETF by 11.7% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 1,926 shares of the exchange traded fund’s stock valued at $103,000 after purchasing an additional 201 shares in the last quarter. Accredited Wealth Management LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 42.7% in the 3rd quarter. Accredited Wealth Management LLC now owns 688 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 206 shares during the period. Sowell Financial Services LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF by 0.3% during the second quarter. Sowell Financial Services LLC now owns 71,413 shares of the exchange traded fund’s stock valued at $3,445,000 after purchasing an additional 211 shares in the last quarter. Finally, United Capital Financial Advisors LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF by 0.4% during the third quarter. United Capital Financial Advisors LLC now owns 58,727 shares of the exchange traded fund’s stock valued at $3,136,000 after purchasing an additional 213 shares in the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 2.0%

Shares of NYSEARCA:EEM opened at $52.98 on Wednesday. The business’s 50 day moving average is $54.46 and its 200 day moving average is $51.38. The stock has a market cap of $20.15 billion, a P/E ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a 52-week low of $38.19 and a 52-week high of $56.31.

About iShares MSCI Emerging Markets ETF

iShares MSCI Emerging Markets ETF, formerly iShares MSCI Emerging Markets Index Fund (the Fund), seeks investment results that correspond generally to the price and yield performance of publicly traded equity securities in global emerging markets, as measured by the MSCI Emerging Markets Index (the Index).