Stock Traders Buy Large Volume of iShares MSCI Brazil ETF Call Options (NYSEARCA:EWZ)

iShares MSCI Brazil ETF (NYSEARCA:EWZ) was the target of unusually large options trading activity on Thursday. Stock investors acquired 220,280 call options on the company. This represents an increase of 47% compared to the typical daily volume of 150,271 call options.

Hedge Funds Weigh In On iShares MSCI Brazil ETF

Institutional investors have recently bought and sold shares of the business. FIL Ltd raised its position in shares of iShares MSCI Brazil ETF by 8.8% in the fourth quarter. FIL Ltd now owns 4,340,670 shares of the exchange traded fund’s stock valued at $151,750,000 after purchasing an additional 351,165 shares during the period. Bank of Nova Scotia boosted its holdings in shares of iShares MSCI Brazil ETF by 383.9% during the fourth quarter. Bank of Nova Scotia now owns 3,552,853 shares of the exchange traded fund’s stock worth $124,208,000 after acquiring an additional 2,818,566 shares during the period. Bridgewater Associates LP acquired a new position in shares of iShares MSCI Brazil ETF in the fourth quarter valued at approximately $96,166,000. SG Americas Securities LLC increased its stake in shares of iShares MSCI Brazil ETF by 65.3% during the second quarter. SG Americas Securities LLC now owns 2,527,458 shares of the exchange traded fund’s stock worth $69,075,000 after purchasing an additional 998,123 shares during the period. Finally, OLD Mission Capital LLC acquired a new stake in iShares MSCI Brazil ETF during the 4th quarter worth approximately $58,247,000.

iShares MSCI Brazil ETF Price Performance

iShares MSCI Brazil ETF stock opened at $30.10 on Friday. The company’s 50-day moving average is $29.13 and its 200-day moving average is $30.07. The firm has a market capitalization of $4.73 billion, a PE ratio of 5.65 and a beta of 0.93. iShares MSCI Brazil ETF has a fifty-two week low of $26.23 and a fifty-two week high of $35.74.

About iShares MSCI Brazil ETF

iShares MSCI Brazil Capped Index Fund (the Fund), formerly iShares MSCI Brazil Index 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 Brazilian market, as measured by the MSCI Brazil Index (the Index).