iShares MSCI United Kingdom ETF Sees Unusually Large Options Volume (NYSEARCA:EWU)

iShares MSCI United Kingdom ETF (NYSEARCA:EWU) was the target of unusually large options trading activity on Tuesday. Stock investors purchased 2,680 put options on the stock. This is an increase of approximately 225% compared to the typical daily volume of 825 put options.

Institutional Trading of iShares MSCI United Kingdom ETF

Institutional investors have recently modified their holdings of the stock. Evelyn Partners Investment Management LLP grew its position in shares of iShares MSCI United Kingdom ETF by 216.7% in the 4th quarter. Evelyn Partners Investment Management LLP now owns 950 shares of the company’s stock valued at $42,000 after buying an additional 650 shares during the last quarter. Allworth Financial LP increased its position in shares of iShares MSCI United Kingdom ETF by 105.8% during the fourth quarter. Allworth Financial LP now owns 963 shares of the company’s stock worth $42,000 after purchasing an additional 495 shares in the last quarter. TD Waterhouse Canada Inc. increased its position in shares of iShares MSCI United Kingdom ETF by 28.6% during the fourth quarter. TD Waterhouse Canada Inc. now owns 1,002 shares of the company’s stock worth $44,000 after purchasing an additional 223 shares in the last quarter. Farther Finance Advisors LLC purchased a new stake in shares of iShares MSCI United Kingdom ETF in the 3rd quarter valued at about $46,000. Finally, Colonial Trust Advisors acquired a new stake in shares of iShares MSCI United Kingdom ETF in the 4th quarter valued at about $53,000. Hedge funds and other institutional investors own 58.38% of the company’s stock.

iShares MSCI United Kingdom ETF Price Performance

Shares of NYSEARCA EWU traded down $1.40 during midday trading on Tuesday, hitting $46.72. The company’s stock had a trading volume of 3,977,609 shares, compared to its average volume of 2,142,976. iShares MSCI United Kingdom ETF has a 1 year low of $32.76 and a 1 year high of $48.92. The firm has a market capitalization of $3.02 billion, a price-to-earnings ratio of 15.42 and a beta of 0.71. The business’s fifty day simple moving average is $46.00 and its two-hundred day simple moving average is $43.61.

About iShares MSCI United Kingdom ETF

The iShares MSCI United Kingdom ETF (EWU) is an exchange-traded fund that is based on the MSCI United Kingdom index. The fund tracks a market cap-weighted index of British companies. It covers the top 85% of British companies by market cap. EWU was launched on Mar 12, 1996 and is managed by BlackRock.