Traders Purchase Large Volume of Call Options on iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) saw unusually large options trading activity on Thursday. Investors purchased 439,645 call options on the stock. This represents an increase of 66% compared to the average daily volume of 264,970 call options.

iShares MSCI Emerging Markets ETF Trading Down 0.4%

Shares of NYSEARCA EEM opened at $57.87 on Friday. The stock has a market cap of $23.59 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $58.38. The stock’s 50-day moving average is $54.97 and its 200 day moving average is $52.69.

Institutional Trading of iShares MSCI Emerging Markets ETF

Several institutional investors have recently added to or reduced their stakes in the business. Versant Capital Management Inc lifted its stake in shares of iShares MSCI Emerging Markets ETF by 369.7% in the 3rd quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 366 shares during the last quarter. Tompkins Financial Corp bought a new position in iShares MSCI Emerging Markets ETF during the 2nd quarter worth approximately $26,000. Maseco LLP purchased a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter worth approximately $27,000. BTG Pactual Asset Management US LLC lifted its position in iShares MSCI Emerging Markets ETF by 101.3% in the third quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 46,071 shares during the last quarter. Finally, Richardson Capital Management LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $33,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Company Profile

iShares MSCI Emerging Markets ETF, formerly iShares MSCI Emerging Markets Index Fund (the Fund), seeks investment results that correspond generally to the price and yield performance of publicly traded equity securities in global emerging markets, as measured by the MSCI Emerging Markets Index (the Index). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.