iShares MSCI Germany ETF Sees Unusually Large Options Volume (NYSEARCA:EWG)

iShares MSCI Germany ETF (NYSEARCA:EWG) was the target of unusually large options trading on Wednesday. Stock investors purchased 5,055 put options on the stock. This is an increase of approximately 92% compared to the average daily volume of 2,637 put options.

Hedge Funds Weigh In On iShares MSCI Germany ETF

Institutional investors have recently added to or reduced their stakes in the company. Lido Advisors LLC increased its stake in shares of iShares MSCI Germany ETF by 168.6% in the 1st quarter. Lido Advisors LLC now owns 485,803 shares of the exchange traded fund’s stock worth $19,272,000 after acquiring an additional 304,946 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of iShares MSCI Germany ETF by 1,650.2% during the second quarter. Envestnet Asset Management Inc. now owns 439,889 shares of the exchange traded fund’s stock valued at $18,198,000 after purchasing an additional 414,755 shares during the last quarter. Evelyn Partners Asset Management Ltd boosted its position in shares of iShares MSCI Germany ETF by 14.4% in the 4th quarter. Evelyn Partners Asset Management Ltd now owns 117,464 shares of the exchange traded fund’s stock worth $4,992,000 after purchasing an additional 14,800 shares in the last quarter. Ameliora Wealth Management Ltd. grew its stake in shares of iShares MSCI Germany ETF by 16.0% in the 1st quarter. Ameliora Wealth Management Ltd. now owns 124,387 shares of the exchange traded fund’s stock worth $4,934,000 after buying an additional 17,178 shares during the last quarter. Finally, Viewpoint Capital Management LLC raised its stake in iShares MSCI Germany ETF by 2.0% during the first quarter. Viewpoint Capital Management LLC now owns 44,061 shares of the exchange traded fund’s stock valued at $1,748,000 after buying an additional 870 shares during the last quarter. Institutional investors own 53.42% of the company’s stock.

iShares MSCI Germany ETF Price Performance

EWG traded down $0.63 during trading on Wednesday, hitting $40.86. 767,946 shares of the stock traded hands, compared to its average volume of 1,670,052. The firm has a 50-day moving average of $43.13 and a 200 day moving average of $42.15. iShares MSCI Germany ETF has a 12-month low of $37.97 and a 12-month high of $44.85. The firm has a market capitalization of $1.45 billion, a P/E ratio of 17.79 and a beta of 0.96.

iShares MSCI Germany ETF Company Profile

iShares MSCI Germany ETF, formerly iShares MSCI Germany 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, before fees and expenses, of publicly traded securities in the German market, as measured by the MSCI Germany Index (the Index). The Index seeks to measure the performance of the Germany equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.