iShares MSCI Germany ETF Target of Unusually High Options Trading (NYSEARCA:EWG)

iShares MSCI Germany ETF (NYSEARCA:EWG) was the target of unusually large options trading on Monday. Stock traders acquired 6,066 put options on the stock. This is an increase of 43% compared to the typical volume of 4,237 put options.

iShares MSCI Germany ETF Price Performance

iShares MSCI Germany ETF stock traded down $0.31 during midday trading on Monday, reaching $37.08. The stock had a trading volume of 4,806,865 shares, compared to its average volume of 1,263,937. iShares MSCI Germany ETF has a twelve month low of $29.28 and a twelve month high of $39.36. The firm has a market cap of $1.66 billion, a price-to-earnings ratio of 19.33 and a beta of 1.13. The firm’s fifty day simple moving average is $36.42 and its two-hundred day simple moving average is $33.89.

Institutional Trading of iShares MSCI Germany ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Strategic Financial Concepts LLC boosted its holdings in shares of iShares MSCI Germany ETF by 3,082.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,056,353 shares of the exchange traded fund’s stock worth $33,613,000 after purchasing an additional 1,023,155 shares during the period. Ameriprise Financial Inc. lifted its position in iShares MSCI Germany ETF by 132.3% in the 4th quarter. Ameriprise Financial Inc. now owns 732,785 shares of the exchange traded fund’s stock worth $23,317,000 after buying an additional 417,382 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in iShares MSCI Germany ETF by 3.5% in the 4th quarter. Envestnet Asset Management Inc. now owns 266,926 shares of the exchange traded fund’s stock worth $8,494,000 after buying an additional 9,031 shares in the last quarter. Main Management ETF Advisors LLC boosted its stake in shares of iShares MSCI Germany ETF by 14.2% during the 3rd quarter. Main Management ETF Advisors LLC now owns 263,660 shares of the exchange traded fund’s stock valued at $8,922,000 after buying an additional 32,865 shares during the period. Finally, Optiver Holding B.V. grew its holdings in shares of iShares MSCI Germany ETF by 121.6% during the 4th quarter. Optiver Holding B.V. now owns 256,373 shares of the exchange traded fund’s stock valued at $8,158,000 after acquiring an additional 140,698 shares in the last quarter.

About iShares MSCI Germany ETF

iShares MSCI Germany ETF, formerly iShares MSCI Germany Index Fund (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 German market, as measured by the MSCI Germany Index (the Index).