Investors Buy Large Volume of Put Options on iShares MSCI Taiwan ETF (NYSEARCA:EWT)

iShares MSCI Taiwan ETF (NYSEARCA:EWT) was the target of some unusual options trading on Monday. Traders bought 20,252 put options on the company. This is an increase of approximately 1,652% compared to the typical volume of 1,156 put options.

iShares MSCI Taiwan ETF Trading Up 2.4%

iShares MSCI Taiwan ETF stock traded up $1.69 during trading hours on Monday, reaching $71.68. 3,217,139 shares of the stock were exchanged, compared to its average volume of 6,351,876. iShares MSCI Taiwan ETF has a twelve month low of $39.44 and a twelve month high of $77.25. The company has a market cap of $8.06 billion, a P/E ratio of 17.58 and a beta of 0.94. The stock has a 50 day moving average of $70.22 and a two-hundred day moving average of $66.00.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in EWT. Banque Cantonale Vaudoise boosted its holdings in shares of iShares MSCI Taiwan ETF by 0.4% in the 3rd quarter. Banque Cantonale Vaudoise now owns 37,937 shares of the exchange traded fund’s stock valued at $2,414,000 after purchasing an additional 158 shares in the last quarter. Vident Advisory LLC lifted its position in shares of iShares MSCI Taiwan ETF by 2.1% during the 3rd quarter. Vident Advisory LLC now owns 8,069 shares of the exchange traded fund’s stock worth $513,000 after buying an additional 168 shares during the last quarter. M&T Bank Corp boosted its stake in iShares MSCI Taiwan ETF by 3.6% in the second quarter. M&T Bank Corp now owns 5,065 shares of the exchange traded fund’s stock valued at $291,000 after buying an additional 178 shares in the last quarter. Bessemer Group Inc. boosted its stake in iShares MSCI Taiwan ETF by 2.6% in the third quarter. Bessemer Group Inc. now owns 7,815 shares of the exchange traded fund’s stock valued at $497,000 after buying an additional 198 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its position in iShares MSCI Taiwan ETF by 25.7% in the third quarter. Farther Finance Advisors LLC now owns 1,071 shares of the exchange traded fund’s stock valued at $68,000 after acquiring an additional 219 shares during the last quarter.

About iShares MSCI Taiwan ETF

Ishares MSCI Taiwan Index Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Taiwan IndexSM (the Index). The Index consists of stocks traded primarily on the Taiwan Stock Exchange. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.