iShares MSCI Canada ETF Target of Unusually Large Options Trading (NYSEARCA:EWC)

iShares MSCI Canada ETF (NYSEARCA:EWC) saw some unusual options trading activity on Tuesday. Stock traders bought 31,439 put options on the stock. This represents an increase of approximately 205% compared to the average volume of 10,295 put options.

Hedge Funds Weigh In On iShares MSCI Canada ETF

Several institutional investors have recently bought and sold shares of EWC. Bernard Wealth Management Corp. purchased a new position in iShares MSCI Canada ETF in the 4th quarter valued at $26,000. HM Payson & Co. grew its holdings in shares of iShares MSCI Canada ETF by 100.0% during the 4th quarter. HM Payson & Co. now owns 740 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 370 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of iShares MSCI Canada ETF in the fourth quarter worth $83,000. Bessemer Group Inc. grew its stake in shares of iShares MSCI Canada ETF by 65.0% in the fourth quarter. Bessemer Group Inc. now owns 2,640 shares of the exchange traded fund’s stock valued at $106,000 after buying an additional 1,040 shares in the last quarter. Finally, IFP Advisors Inc grew its holdings in iShares MSCI Canada ETF by 141.4% during the 4th quarter. IFP Advisors Inc now owns 2,873 shares of the exchange traded fund’s stock valued at $116,000 after purchasing an additional 1,683 shares in the last quarter.

iShares MSCI Canada ETF Stock Performance

Shares of EWC stock traded down $0.72 on Tuesday, reaching $39.73. 5,370,239 shares of the company were exchanged, compared to its average volume of 2,559,714. iShares MSCI Canada ETF has a 1 year low of $35.74 and a 1 year high of $43.33. The company has a market cap of $2.54 billion, a price-to-earnings ratio of 19.25 and a beta of 1.05. The business has a 50-day moving average price of $41.12 and a 200 day moving average price of $41.25.

iShares MSCI Canada ETF Company Profile

iShares MSCI Canada ETF (the Fund), formerly iShares MSCI Canada Index Fund, is an exchange-traded fund (ETF). 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 Canadian market, as measured by the MSCI Canada Index (the Index).