iShares MSCI Chile ETF Sees Unusually High Options Volume (BATS:ECH)

iShares MSCI Chile ETF (BATS:ECH) was the recipient of unusually large options trading activity on Friday. Stock traders acquired 16,354 call options on the stock. This represents an increase of approximately 569% compared to the typical volume of 2,445 call options.

Hedge Funds Weigh In On iShares MSCI Chile ETF

Several institutional investors have recently added to or reduced their stakes in ECH. JPMorgan Chase & Co. raised its stake in iShares MSCI Chile ETF by 131.2% during the third quarter. JPMorgan Chase & Co. now owns 988,892 shares of the company’s stock worth $32,594,000 after purchasing an additional 561,165 shares during the period. Bank of Nova Scotia acquired a new position in iShares MSCI Chile ETF in the third quarter valued at $29,875,000. State of Tennessee Department of Treasury grew its position in iShares MSCI Chile ETF by 2.0% during the second quarter. State of Tennessee Department of Treasury now owns 675,694 shares of the company’s stock valued at $21,251,000 after acquiring an additional 13,259 shares during the period. Seldon Capital LP increased its stake in iShares MSCI Chile ETF by 2.3% during the third quarter. Seldon Capital LP now owns 338,177 shares of the company’s stock worth $11,146,000 after acquiring an additional 7,700 shares during the last quarter. Finally, UBS Group AG increased its stake in iShares MSCI Chile ETF by 198.6% during the third quarter. UBS Group AG now owns 306,250 shares of the company’s stock worth $10,094,000 after acquiring an additional 203,681 shares during the last quarter.

iShares MSCI Chile ETF Price Performance

Shares of iShares MSCI Chile ETF stock opened at $46.39 on Friday. iShares MSCI Chile ETF has a 12 month low of $23.79 and a 12 month high of $33.26. The business has a 50 day simple moving average of $40.22 and a two-hundred day simple moving average of $35.34. The stock has a market capitalization of $937.16 million, a P/E ratio of 12.06 and a beta of 0.74.

iShares MSCI Chile ETF Company Profile

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.