iShares MSCI South Korea ETF (NYSEARCA:EWY – Get Free Report) was the recipient of some unusual options trading on Wednesday. Stock investors purchased 134,589 put options on the stock. This represents an increase of 76% compared to the typical daily volume of 76,321 put options.
Institutional Trading of iShares MSCI South Korea ETF
Several hedge funds have recently made changes to their positions in EWY. Goldman Sachs Group Inc. raised its stake in shares of iShares MSCI South Korea ETF by 27.8% in the first quarter. Goldman Sachs Group Inc. now owns 239,956 shares of the exchange traded fund’s stock valued at $12,967,000 after buying an additional 52,259 shares during the period. Creative Planning raised its stake in shares of iShares MSCI South Korea ETF by 3.6% in the second quarter. Creative Planning now owns 5,021 shares of the exchange traded fund’s stock valued at $360,000 after buying an additional 176 shares during the period. M&T Bank Corp bought a new stake in shares of iShares MSCI South Korea ETF in the second quarter valued at $203,000. Invesco Ltd. raised its stake in shares of iShares MSCI South Korea ETF by 424.3% in the second quarter. Invesco Ltd. now owns 94,461 shares of the exchange traded fund’s stock valued at $6,780,000 after buying an additional 76,444 shares during the period. Finally, Cresset Asset Management LLC raised its stake in shares of iShares MSCI South Korea ETF by 7.0% in the second quarter. Cresset Asset Management LLC now owns 8,661 shares of the exchange traded fund’s stock valued at $622,000 after buying an additional 565 shares during the period. 49.22% of the stock is currently owned by institutional investors.
iShares MSCI South Korea ETF Price Performance
Shares of EWY traded up $10.13 during mid-day trading on Wednesday, hitting $188.63. The stock had a trading volume of 18,727,479 shares, compared to its average volume of 19,303,295. The firm has a market cap of $25.10 billion, a P/E ratio of 10.35 and a beta of 1.38. The business has a fifty day moving average price of $141.91 and a 200-day moving average price of $119.04. iShares MSCI South Korea ETF has a 52 week low of $58.19 and a 52 week high of $194.58.
About iShares MSCI South Korea ETF
iShares MSCI South Korea Capped ETF (the Fund) is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Korea 25/50 Index (the Index). The Index consists of stocks traded primarily on the Stock Market Division of the Korean Exchange. The Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no issuer of a component exceeds 25% of the Index weight and all issuers with weight above 5% do not exceed 50% of the Index weight.
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