Investors Purchase Large Volume of Call Options on iShares MSCI United Kingdom ETF (NYSEARCA:EWU)

iShares MSCI United Kingdom ETF (NYSEARCA:EWU) saw unusually large options trading on Thursday. Investors acquired 8,063 call options on the stock. This is an increase of 1,688% compared to the typical daily volume of 451 call options.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. FMR LLC increased its position in shares of iShares MSCI United Kingdom ETF by 16.8% in the third quarter. FMR LLC now owns 4,195 shares of the company’s stock valued at $157,000 after buying an additional 602 shares in the last quarter. Stifel Financial Corp lifted its holdings in iShares MSCI United Kingdom ETF by 101.9% during the third quarter. Stifel Financial Corp now owns 26,049 shares of the company’s stock valued at $974,000 after purchasing an additional 13,145 shares in the last quarter. Bank of Montreal Can grew its position in shares of iShares MSCI United Kingdom ETF by 4,686.6% in the third quarter. Bank of Montreal Can now owns 128,232 shares of the company’s stock valued at $4,830,000 after purchasing an additional 125,553 shares during the period. Acima Private Wealth LLC increased its stake in shares of iShares MSCI United Kingdom ETF by 85.1% during the fourth quarter. Acima Private Wealth LLC now owns 41,626 shares of the company’s stock worth $1,411,000 after purchasing an additional 19,132 shares in the last quarter. Finally, Quantinno Capital Management LP raised its position in shares of iShares MSCI United Kingdom ETF by 26.5% during the 3rd quarter. Quantinno Capital Management LP now owns 15,974 shares of the company’s stock worth $598,000 after purchasing an additional 3,346 shares during the last quarter.

iShares MSCI United Kingdom ETF Stock Performance

iShares MSCI United Kingdom ETF stock traded down $0.05 during midday trading on Thursday, hitting $37.07. 295,133 shares of the company were exchanged, compared to its average volume of 1,863,844. The firm has a market capitalization of $3.28 billion, a PE ratio of 17.54 and a beta of 0.82. iShares MSCI United Kingdom ETF has a fifty-two week low of $33.06 and a fifty-two week high of $38.03. The business has a fifty day simple moving average of $35.72 and a two-hundred day simple moving average of $35.91.

iShares MSCI United Kingdom ETF Company Profile

The iShares MSCI United Kingdom ETF (EWU) is an exchange-traded fund that is based on the MSCI United Kingdom index. The fund tracks a market cap-weighted index of British companies. It covers the top 85% of British companies by market cap. EWU was launched on Mar 12, 1996 and is managed by BlackRock.