iShares MSCI Germany ETF Target of Unusually High Options Trading (NYSEARCA:EWG)

iShares MSCI Germany ETF (NYSEARCA:EWG) was the target of unusually large options trading activity on Tuesday. Stock investors bought 8,205 put options on the company. This represents an increase of 570% compared to the typical daily volume of 1,224 put options.

Hedge Funds Weigh In On iShares MSCI Germany ETF

Several institutional investors have recently made changes to their positions in EWG. Brookstone Capital Management purchased a new position in iShares MSCI Germany ETF during the second quarter valued at approximately $303,000. Strategic Financial Partners Ltd. increased its holdings in shares of iShares MSCI Germany ETF by 9.8% in the 2nd quarter. Strategic Financial Partners Ltd. now owns 44,896 shares of the exchange traded fund’s stock valued at $1,375,000 after acquiring an additional 4,004 shares during the period. Fortis Group Advisors LLC raised its position in shares of iShares MSCI Germany ETF by 68.0% in the 2nd quarter. Fortis Group Advisors LLC now owns 209,567 shares of the exchange traded fund’s stock worth $6,417,000 after acquiring an additional 84,793 shares in the last quarter. Rhumbline Advisers lifted its stake in shares of iShares MSCI Germany ETF by 5.4% during the 2nd quarter. Rhumbline Advisers now owns 108,025 shares of the exchange traded fund’s stock worth $3,308,000 after purchasing an additional 5,530 shares during the last quarter. Finally, Ferguson Shapiro LLC purchased a new stake in shares of iShares MSCI Germany ETF during the 2nd quarter worth $867,000.

iShares MSCI Germany ETF Stock Down 0.8 %

Shares of NYSEARCA EWG opened at $32.75 on Wednesday. iShares MSCI Germany ETF has a twelve month low of $28.28 and a twelve month high of $34.12. The firm has a market cap of $992.33 million, a PE ratio of 14.47 and a beta of 0.91. The business has a fifty day simple moving average of $32.50 and a two-hundred day simple moving average of $31.89.

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).