Investors Purchase High Volume of iShares MSCI Canada ETF Put Options (NYSEARCA:EWC)

iShares MSCI Canada ETF (NYSEARCA:EWC) saw unusually large options trading on Friday. Stock traders acquired 20,006 put options on the company. This is an increase of 439% compared to the average daily volume of 3,712 put options.

Institutional Trading of iShares MSCI Canada ETF

Hedge funds have recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC purchased a new position in shares of iShares MSCI Canada ETF during the 4th quarter worth $34,000. Tucker Asset Management LLC purchased a new stake in shares of iShares MSCI Canada ETF in the fourth quarter valued at $46,000. Western Wealth Management LLC purchased a new stake in shares of iShares MSCI Canada ETF in the first quarter valued at $49,000. Optima Capital LLC acquired a new position in iShares MSCI Canada ETF in the fourth quarter valued at $52,000. Finally, Abound Financial LLC acquired a new position in iShares MSCI Canada ETF in the fourth quarter valued at $66,000.

iShares MSCI Canada ETF Stock Up 0.8%

Shares of EWC traded up $0.51 during trading hours on Friday, reaching $61.21. 275,133 shares of the company traded hands, compared to its average volume of 2,351,450. The stock has a market capitalization of $6.32 billion, a PE ratio of 19.77 and a beta of 0.86. iShares MSCI Canada ETF has a fifty-two week low of $46.91 and a fifty-two week high of $61.30. The stock has a fifty day simple moving average of $58.68 and a 200 day simple moving average of $57.30.

About iShares MSCI Canada ETF

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). The Index seeks to measure the performance of the Canadian equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.