Investors Purchase High Volume of iShares MSCI Germany ETF Call Options (NYSEARCA:EWG)

iShares MSCI Germany ETF (NYSEARCA:EWG) saw some unusual options trading activity on Thursday. Investors acquired 7,056 call options on the company. This represents an increase of approximately 161% compared to the average volume of 2,701 call options.

iShares MSCI Germany ETF Stock Performance

Shares of NYSEARCA:EWG opened at $38.59 on Friday. The stock has a 50-day simple moving average of $34.37 and a 200-day simple moving average of $33.16. The stock has a market capitalization of $1.15 billion, a P/E ratio of 18.62 and a beta of 1.13. iShares MSCI Germany ETF has a 1 year low of $29.27 and a 1 year high of $39.19.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Dai ichi Life Holdings Inc. purchased a new stake in shares of iShares MSCI Germany ETF during the third quarter valued at approximately $1,189,000. Main Management ETF Advisors LLC grew its holdings in iShares MSCI Germany ETF by 14.2% during the 3rd quarter. Main Management ETF Advisors LLC now owns 263,660 shares of the exchange traded fund’s stock valued at $8,922,000 after purchasing an additional 32,865 shares in the last quarter. Wellington Management Group LLP increased its stake in iShares MSCI Germany ETF by 6.4% during the 3rd quarter. Wellington Management Group LLP now owns 178,435 shares of the exchange traded fund’s stock worth $6,038,000 after buying an additional 10,741 shares during the period. Mount Lucas Management LP lifted its holdings in iShares MSCI Germany ETF by 3.1% in the 3rd quarter. Mount Lucas Management LP now owns 23,271 shares of the exchange traded fund’s stock worth $787,000 after buying an additional 703 shares in the last quarter. Finally, National Bank of Canada FI boosted its position in iShares MSCI Germany ETF by 43.9% in the 3rd quarter. National Bank of Canada FI now owns 6,224 shares of the exchange traded fund’s stock valued at $211,000 after buying an additional 1,900 shares during the last quarter.

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).