Stock Traders Buy High Volume of Put Options on iShares MSCI Canada ETF (NYSEARCA:EWC)

iShares MSCI Canada ETF (NYSEARCA:EWC) was the recipient of unusually large options trading on Tuesday. Traders purchased 31,439 put options on the company. This represents an increase of 205% compared to the typical volume of 10,295 put options.

Institutional Investors Weigh In On iShares MSCI Canada ETF

Several institutional investors have recently bought and sold shares of the stock. Bernard Wealth Management Corp. purchased a new stake in iShares MSCI Canada ETF during the 4th quarter valued at about $26,000. Yoffe Investment Management LLC purchased a new stake in iShares MSCI Canada ETF during the 4th quarter valued at about $597,000. Toronto Dominion Bank boosted its holdings in iShares MSCI Canada ETF by 1,837.5% during the 4th quarter. Toronto Dominion Bank now owns 27,125 shares of the exchange traded fund’s stock valued at $1,092,000 after acquiring an additional 25,725 shares during the period. Sunbelt Securities Inc. boosted its holdings in iShares MSCI Canada ETF by 140,240.0% during the 4th quarter. Sunbelt Securities Inc. now owns 14,034 shares of the exchange traded fund’s stock valued at $563,000 after acquiring an additional 14,024 shares during the period. Finally, GTS Securities LLC boosted its holdings in iShares MSCI Canada ETF by 458.3% during the 4th quarter. GTS Securities LLC now owns 20,782 shares of the exchange traded fund’s stock valued at $838,000 after acquiring an additional 26,582 shares during the period.

iShares MSCI Canada ETF Trading Down 1.7 %

EWC opened at $39.77 on Wednesday. The stock has a market capitalization of $2.55 billion, a P/E ratio of 19.25 and a beta of 1.05. iShares MSCI Canada ETF has a 12-month low of $35.74 and a 12-month high of $43.33. The stock has a 50-day moving average price of $41.12 and a 200-day moving average price of $41.25.

About iShares MSCI Canada ETF

iShares MSCI Canada ETF (the Fund), formerly iShares MSCI Canada Index Fund, is an exchange-traded fund (ETF). 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 Canadian market, as measured by the MSCI Canada Index (the Index).