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

iShares MSCI Brazil ETF (NYSEARCA:EWZ) was the target of some unusual options trading on Friday. Stock traders acquired 773,144 call options on the stock. This represents an increase of approximately 636% compared to the typical volume of 104,996 call options.

Institutional Investors Weigh In On iShares MSCI Brazil ETF

A number of hedge funds have recently bought and sold shares of EWZ. Vontobel Holding Ltd. increased its stake in iShares MSCI Brazil ETF by 103.6% during the fourth quarter. Vontobel Holding Ltd. now owns 46,674 shares of the exchange traded fund’s stock worth $1,051,000 after acquiring an additional 23,753 shares during the last quarter. V Square Quantitative Management LLC boosted its holdings in shares of iShares MSCI Brazil ETF by 19.7% in the 4th quarter. V Square Quantitative Management LLC now owns 6,640 shares of the exchange traded fund’s stock worth $149,000 after purchasing an additional 1,094 shares during the period. ABC Arbitrage SA bought a new position in shares of iShares MSCI Brazil ETF during the 4th quarter valued at approximately $517,000. Catalyst Capital Advisors LLC increased its position in shares of iShares MSCI Brazil ETF by 43.8% during the 4th quarter. Catalyst Capital Advisors LLC now owns 896,780 shares of the exchange traded fund’s stock valued at $20,187,000 after purchasing an additional 273,150 shares during the last quarter. Finally, Sanctuary Advisors LLC raised its holdings in iShares MSCI Brazil ETF by 7.3% during the 4th quarter. Sanctuary Advisors LLC now owns 34,100 shares of the exchange traded fund’s stock valued at $768,000 after buying an additional 2,310 shares during the period.

iShares MSCI Brazil ETF Stock Performance

EWZ stock opened at $28.14 on Friday. The firm has a fifty day moving average price of $26.86 and a 200 day moving average price of $25.47. iShares MSCI Brazil ETF has a fifty-two week low of $22.26 and a fifty-two week high of $31.14. The firm has a market cap of $4.46 billion, a PE ratio of 10.54 and a beta of 0.87.

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).