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

iShares MSCI Germany ETF (NYSEARCA:EWG) was the target of some unusual options trading on Wednesday. Investors acquired 5,055 put options on the stock. This is an increase of 92% compared to the typical volume of 2,637 put options.

iShares MSCI Germany ETF Stock Performance

iShares MSCI Germany ETF stock traded down $0.63 during mid-day trading on Wednesday, reaching $40.86. The company’s stock had a trading volume of 767,946 shares, compared to its average volume of 1,670,052. iShares MSCI Germany ETF has a 12-month low of $37.97 and a 12-month high of $44.85. The firm’s fifty day moving average price is $43.13 and its two-hundred day moving average price is $42.15. The company has a market capitalization of $1.45 billion, a P/E ratio of 17.79 and a beta of 0.96.

Institutional Investors Weigh In On iShares MSCI Germany ETF

Several hedge funds have recently bought and sold shares of the stock. MV Capital Management Inc. purchased a new position in iShares MSCI Germany ETF in the fourth quarter worth $28,000. Triumph Capital Management bought a new stake in iShares MSCI Germany ETF during the second quarter worth about $41,000. GKV Capital Management Co. Inc. purchased a new position in shares of iShares MSCI Germany ETF in the 1st quarter worth about $52,000. West Branch Capital LLC purchased a new position in shares of iShares MSCI Germany ETF in the 2nd quarter worth about $103,000. Finally, Rockefeller Capital Management L.P. boosted its holdings in shares of iShares MSCI Germany ETF by 89.7% in the 4th quarter. Rockefeller Capital Management L.P. now owns 3,257 shares of the exchange traded fund’s stock worth $138,000 after purchasing an additional 1,540 shares in the last quarter. 53.42% of the stock is currently owned by institutional investors.

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.