iShares MSCI South Korea ETF Sees Unusually High Options Volume (NYSEARCA:EWY)

iShares MSCI South Korea ETF (NYSEARCA:EWY) saw some unusual options trading activity on Monday. Stock investors purchased 21,227 put options on the company. This is an increase of 42% compared to the typical volume of 14,995 put options.

iShares MSCI South Korea ETF Trading Down 1.0%

Shares of NYSEARCA:EWY traded down $1.25 during trading on Monday, hitting $121.16. 10,065,437 shares of the stock were exchanged, compared to its average volume of 9,278,056. iShares MSCI South Korea ETF has a 12-month low of $48.49 and a 12-month high of $126.32. The company has a market cap of $11.77 billion, a PE ratio of 10.35 and a beta of 1.22. The company has a fifty day moving average price of $101.53 and a two-hundred day moving average price of $88.36.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Benjamin Edwards Inc. purchased a new stake in iShares MSCI South Korea ETF in the fourth quarter valued at approximately $1,881,000. Horizon Investments LLC increased its stake in iShares MSCI South Korea ETF by 4,270,966.7% during the fourth quarter. Horizon Investments LLC now owns 384,396 shares of the exchange traded fund’s stock worth $37,371,000 after acquiring an additional 384,387 shares during the last quarter. Mutual Advisors LLC purchased a new position in shares of iShares MSCI South Korea ETF in the 4th quarter worth about $213,000. Innealta Capital LLC lifted its stake in shares of iShares MSCI South Korea ETF by 21.4% in the 4th quarter. Innealta Capital LLC now owns 36,059 shares of the exchange traded fund’s stock valued at $3,506,000 after purchasing an additional 6,362 shares in the last quarter. Finally, Pekin Hardy Strauss Inc. increased its position in iShares MSCI South Korea ETF by 13.5% during the 4th quarter. Pekin Hardy Strauss Inc. now owns 102,867 shares of the exchange traded fund’s stock worth $10,001,000 after purchasing an additional 12,230 shares in the last quarter. 49.22% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI South Korea ETF Company Profile

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.