iShares MSCI South Korea ETF Target of Unusually Large Options Trading (NYSEARCA:EWY)

iShares MSCI South Korea ETF (NYSEARCA:EWY) was the target of unusually large options trading on Friday. Traders acquired 135,744 put options on the stock. This is an increase of approximately 221% compared to the average daily volume of 42,255 put options.

iShares MSCI South Korea ETF Stock Up 0.8%

EWY opened at $126.73 on Friday. The stock’s 50 day moving average price is $121.92 and its two-hundred day moving average price is $98.78. The firm has a market capitalization of $12.46 billion, a P/E ratio of 10.35 and a beta of 1.22. iShares MSCI South Korea ETF has a 12-month low of $48.49 and a 12-month high of $154.22.

Institutional Investors Weigh In On iShares MSCI South Korea ETF

Several hedge funds and other institutional investors have recently modified their holdings of EWY. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in iShares MSCI South Korea ETF during the 4th quarter valued at $26,000. Nvwm LLC bought a new position in shares of iShares MSCI South Korea ETF during the 4th quarter worth about $29,000. Intesa Sanpaolo Wealth Management acquired a new position in shares of iShares MSCI South Korea ETF during the fourth quarter valued at about $31,000. Berbice Capital Management LLC acquired a new position in shares of iShares MSCI South Korea ETF during the fourth quarter valued at about $34,000. Finally, Strategic Advocates LLC bought a new stake in shares of iShares MSCI South Korea ETF in the fourth quarter valued at about $38,000. Institutional investors and hedge funds own 49.22% of the company’s stock.

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. The Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no issuer of a component exceeds 25% of the Index weight and all issuers with weight above 5% do not exceed 50% of the Index weight.