Investors Purchase High Volume of iShares MSCI Hong Kong ETF Call Options (NYSEARCA:EWH)

iShares MSCI Hong Kong ETF (NYSEARCA:EWH) was the target of unusually large options trading activity on Friday. Traders bought 6,625 call options on the company. This is an increase of 723% compared to the typical daily volume of 805 call options.

Hedge Funds Weigh In On iShares MSCI Hong Kong ETF

Several large investors have recently added to or reduced their stakes in EWH. Mirae Asset Global Investments Co. Ltd. boosted its stake in iShares MSCI Hong Kong ETF by 209.8% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 107,500 shares of the exchange traded fund’s stock valued at $1,867,000 after acquiring an additional 72,800 shares during the period. Cambridge Investment Research Advisors Inc. acquired a new position in iShares MSCI Hong Kong ETF during the 1st quarter valued at approximately $3,279,000. Millburn Ridgefield Corp grew its stake in iShares MSCI Hong Kong ETF by 23.1% during the 4th quarter. Millburn Ridgefield Corp now owns 686,232 shares of the exchange traded fund’s stock worth $11,920,000 after buying an additional 128,716 shares during the last quarter. Nisa Investment Advisors LLC increased its position in iShares MSCI Hong Kong ETF by 16,033.3% in the fourth quarter. Nisa Investment Advisors LLC now owns 72,600 shares of the exchange traded fund’s stock worth $1,261,000 after buying an additional 72,150 shares during the period. Finally, Caprock Group LLC bought a new stake in iShares MSCI Hong Kong ETF in the fourth quarter valued at $314,000. 50.59% of the stock is currently owned by institutional investors.

iShares MSCI Hong Kong ETF Price Performance

EWH stock traded down $0.46 during mid-day trading on Friday, hitting $15.08. 1,194,188 shares of the company were exchanged, compared to its average volume of 2,600,501. The firm has a fifty day simple moving average of $16.51 and a 200 day simple moving average of $16.25. iShares MSCI Hong Kong ETF has a twelve month low of $14.64 and a twelve month high of $20.09.

iShares MSCI Hong Kong ETF Company Profile

iShares MSCI Hong Kong Index Fund, formerly Shares MSCI Hong Kong ETF, (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 Hong Kong market, as measured by the MSCI Hong Kong Index (the Index).