iShares MSCI Germany ETF Sees Unusually Large Options Volume (NYSEARCA:EWG)

iShares MSCI Germany ETF (NYSEARCA:EWG) was the recipient of unusually large options trading activity on Thursday. Traders acquired 20,183 put options on the company. This represents an increase of 511% compared to the average volume of 3,305 put options.

iShares MSCI Germany ETF Price Performance

NYSEARCA EWG traded down $0.41 during trading hours on Thursday, hitting $39.79. 2,028,412 shares of the company’s stock traded hands, compared to its average volume of 2,597,012. The company has a market capitalization of $1.62 billion, a PE ratio of 17.79 and a beta of 1.03. iShares MSCI Germany ETF has a 52-week low of $32.82 and a 52-week high of $44.65. The firm’s 50-day moving average is $42.14 and its 200-day moving average is $41.83.

Institutional Investors Weigh In On iShares MSCI Germany ETF

Several hedge funds and other institutional investors have recently made changes to their positions in EWG. Allworth Financial LP lifted its position in iShares MSCI Germany ETF by 88.9% in the fourth quarter. Allworth Financial LP now owns 646 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 304 shares during the last quarter. MV Capital Management Inc. purchased a new stake in shares of iShares MSCI Germany ETF in the 4th quarter valued at approximately $28,000. JPL Wealth Management LLC purchased a new stake in shares of iShares MSCI Germany ETF in the 3rd quarter valued at approximately $28,000. Geneos Wealth Management Inc. acquired a new position in shares of iShares MSCI Germany ETF in the 4th quarter worth approximately $31,000. Finally, Berbice Capital Management LLC lifted its holdings in shares of iShares MSCI Germany ETF by 60.0% in the 2nd quarter. Berbice Capital Management LLC now owns 800 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 300 shares during the last quarter. Institutional investors and hedge funds own 53.42% of the company’s stock.

iShares MSCI Germany ETF Company Profile

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