iShares MSCI Taiwan ETF Sees Unusually Large Options Volume (NYSEARCA:EWT)

iShares MSCI Taiwan ETF (NYSEARCA:EWT) was the target of some unusual options trading on Monday. Stock traders acquired 10,697 put options on the stock. This represents an increase of approximately 111% compared to the average volume of 5,060 put options.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. The Manufacturers Life Insurance Company bought a new position in shares of iShares MSCI Taiwan ETF during the 2nd quarter worth approximately $103,684,000. Boltwood Capital Management acquired a new stake in shares of iShares MSCI Taiwan ETF in the third quarter valued at approximately $1,688,000. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of iShares MSCI Taiwan ETF in the third quarter valued at approximately $698,000. IFP Advisors Inc lifted its position in shares of iShares MSCI Taiwan ETF by 26,519.4% in the third quarter. IFP Advisors Inc now owns 53,505 shares of the exchange traded fund’s stock worth $6,041,000 after purchasing an additional 53,304 shares in the last quarter. Finally, Hsbc Holdings PLC lifted its position in shares of iShares MSCI Taiwan ETF by 2,779.7% in the first quarter. Hsbc Holdings PLC now owns 1,185,627 shares of the exchange traded fund’s stock worth $84,084,000 after purchasing an additional 1,144,455 shares in the last quarter.

iShares MSCI Taiwan ETF Stock Down 2.2%

Shares of EWT traded down $2.19 on Tuesday, hitting $98.47. The company’s stock had a trading volume of 1,358,022 shares, compared to its average volume of 5,780,979. The firm’s fifty day moving average price is $110.12 and its 200-day moving average price is $93.27. iShares MSCI Taiwan ETF has a fifty-two week low of $59.96 and a fifty-two week high of $118.47. The firm has a market capitalization of $10.75 billion, a price-to-earnings ratio of 17.58 and a beta of 1.10.

About iShares MSCI Taiwan ETF

Ishares MSCI Taiwan Index Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Taiwan IndexSM (the Index). The Index consists of stocks traded primarily on the Taiwan Stock Exchange. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.