Investors Buy High Volume of Put Options on iShares MSCI Mexico ETF (NYSEARCA:EWW)

iShares MSCI Mexico ETF (NYSEARCA:EWW) was the target of some unusual options trading on Tuesday. Stock investors purchased 16,533 put options on the stock. This represents an increase of 66% compared to the average volume of 9,986 put options.

iShares MSCI Mexico ETF Price Performance

Shares of NYSEARCA:EWW opened at $48.95 on Wednesday. iShares MSCI Mexico ETF has a 12 month low of $48.65 and a 12 month high of $71.12. The firm has a market capitalization of $1.50 billion, a PE ratio of 13.53 and a beta of 0.87. The business has a 50-day moving average of $52.94 and a two-hundred day moving average of $56.25.

Institutional Trading of iShares MSCI Mexico ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Truist Financial Corp increased its holdings in shares of iShares MSCI Mexico ETF by 1.9% in the 2nd quarter. Truist Financial Corp now owns 9,416 shares of the exchange traded fund’s stock worth $533,000 after acquiring an additional 179 shares during the period. Lowe Wealth Advisors LLC boosted its holdings in shares of iShares MSCI Mexico ETF by 16.2% in the second quarter. Lowe Wealth Advisors LLC now owns 1,848 shares of the exchange traded fund’s stock valued at $105,000 after acquiring an additional 258 shares in the last quarter. Highline Wealth Partners LLC acquired a new position in shares of iShares MSCI Mexico ETF during the third quarter valued at approximately $28,000. Legacy Capital Group California Inc. lifted its holdings in iShares MSCI Mexico ETF by 4.8% in the 2nd quarter. Legacy Capital Group California Inc. now owns 12,142 shares of the exchange traded fund’s stock valued at $687,000 after acquiring an additional 556 shares during the last quarter. Finally, Contravisory Investment Management Inc. boosted its position in shares of iShares MSCI Mexico ETF by 4.7% in the 2nd quarter. Contravisory Investment Management Inc. now owns 12,266 shares of the exchange traded fund’s stock valued at $694,000 after purchasing an additional 556 shares during the period.

About iShares MSCI Mexico ETF

iShares MSCI Mexico Capped ETF (the Fund), formerly iShares MSCI Mexico Capped Investable Market Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Mexico IMI 25/50 Index (the Index). The Index consists of stocks traded primarily on the Mexican Stock Exchange.