iShares MSCI Brazil ETF Target of Unusually High Options Trading (NYSEARCA:EWZ)

iShares MSCI Brazil ETF (NYSEARCA:EWZ) was the recipient of unusually large options trading activity on Thursday. Stock traders acquired 264,107 call options on the company. This is an increase of approximately 86% compared to the typical volume of 141,917 call options.

Institutional Trading of iShares MSCI Brazil ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. NewEdge Advisors LLC raised its holdings in iShares MSCI Brazil ETF by 819.7% during the 1st quarter. NewEdge Advisors LLC now owns 1,683 shares of the exchange traded fund’s stock valued at $44,000 after acquiring an additional 1,500 shares during the period. Parallel Advisors LLC grew its position in shares of iShares MSCI Brazil ETF by 16.7% during the 4th quarter. Parallel Advisors LLC now owns 2,052 shares of the exchange traded fund’s stock valued at $65,000 after purchasing an additional 293 shares in the last quarter. Kapitalo Investimentos Ltda raised its position in shares of iShares MSCI Brazil ETF by 462.5% in the fourth quarter. Kapitalo Investimentos Ltda now owns 900,000 shares of the exchange traded fund’s stock worth $72,000 after buying an additional 740,000 shares in the last quarter. Triumph Capital Management bought a new position in iShares MSCI Brazil ETF in the 3rd quarter worth about $90,000. Finally, Waterford Advisors LLC bought a new position in iShares MSCI Brazil ETF in the fourth quarter valued at $117,000. Hedge funds and other institutional investors own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Stock Up 0.1%

iShares MSCI Brazil ETF stock traded up $0.05 on Thursday, hitting $36.16. The company’s stock had a trading volume of 3,083,039 shares, compared to its average volume of 30,056,818. iShares MSCI Brazil ETF has a one year low of $27.33 and a one year high of $42.02. The firm has a market cap of $9.15 billion, a P/E ratio of 9.58 and a beta of 0.61. The company has a fifty day moving average price of $35.07 and a 200-day moving average price of $36.93.

About iShares MSCI Brazil ETF

iShares MSCI Brazil Capped Index Fund (the Fund), formerly iShares MSCI Brazil Index Fund, seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Brazilian market, as measured by the MSCI Brazil Index (the Index). The Index seeks to measure the performance of the Brazilian equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.