iShares MSCI Chile ETF Target of Unusually Large Options Trading (BATS:ECH)

iShares MSCI Chile ETF (BATS:ECH) was the target of some unusual options trading on Tuesday. Stock investors bought 9,039 call options on the stock. This represents an increase of 412% compared to the average volume of 1,765 call options.

Hedge Funds Weigh In On iShares MSCI Chile ETF

A number of institutional investors have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of iShares MSCI Chile ETF in the first quarter valued at approximately $186,000. Arrow Investment Advisors LLC bought a new stake in iShares MSCI Chile ETF during the 2nd quarter valued at $667,000. Cobblestone Asset Management LLC purchased a new stake in shares of iShares MSCI Chile ETF in the 2nd quarter worth $1,202,000. Lansing Street Advisors bought a new position in shares of iShares MSCI Chile ETF during the 2nd quarter worth $1,604,000. Finally, WESPAC Advisors LLC bought a new position in shares of iShares MSCI Chile ETF during the 2nd quarter worth $714,000.

iShares MSCI Chile ETF Trading Up 66.7%

iShares MSCI Chile ETF stock opened at $42.38 on Thursday. The stock has a fifty day simple moving average of $38.19 and a two-hundred day simple moving average of $34.24. iShares MSCI Chile ETF has a 12 month low of $23.79 and a 12 month high of $33.26. The firm has a market cap of $856.08 million, a price-to-earnings ratio of 12.06 and a beta of 0.74.

About iShares MSCI Chile ETF

iShares MSCI Chile Capped ETF, formerly iShares MSCI Chile Capped Investable Market Index Fund (the Fund), is an exchange-traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance of the MSCI Chile Investable Market Index (the Index). The Index is a free float-adjusted market capitalization index that is designed to measure broad based equity market performance in Chile. The Index consists of stocks traded primarily on the Santiago Stock Exchange.