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 some unusual options trading on Tuesday. Stock traders bought 31,439 put options on the company. This is an increase of approximately 205% compared to the average volume of 10,295 put options.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Bernard Wealth Management Corp. bought a new stake in iShares MSCI Canada ETF during the 4th quarter valued at $26,000. Yoffe Investment Management LLC purchased a new stake in shares of iShares MSCI Canada ETF during the 4th quarter valued at $597,000. Toronto Dominion Bank increased its stake 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 purchasing an additional 25,725 shares in the last quarter. Sunbelt Securities Inc. increased its stake 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 purchasing an additional 14,024 shares in the last quarter. Finally, GTS Securities LLC increased its stake 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 purchasing an additional 26,582 shares in the last quarter.

iShares MSCI Canada ETF Stock Down 1.7 %

Shares of NYSEARCA:EWC opened at $39.77 on Wednesday. iShares MSCI Canada ETF has a 52-week low of $35.74 and a 52-week high of $43.33. The stock has a market cap of $2.55 billion, a P/E ratio of 19.25 and a beta of 1.05. The business’s 50 day moving average is $41.12 and its 200 day moving average is $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).