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

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

iShares MSCI Germany ETF Stock Down 2.1 %

EWG stock opened at $32.07 on Thursday. The stock has a market cap of $971.72 million, a PE ratio of 14.47 and a beta of 0.91. The firm’s 50-day simple moving average is $32.50 and its 200 day simple moving average is $31.90. iShares MSCI Germany ETF has a fifty-two week low of $28.28 and a fifty-two week high of $34.12.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of EWG. Strategic Financial Concepts LLC boosted its position in shares of iShares MSCI Germany ETF by 2,984.7% during the second quarter. Strategic Financial Concepts LLC now owns 1,054,793 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 1,020,599 shares during the period. Fortis Group Advisors LLC boosted its position in iShares MSCI Germany ETF by 68.0% during 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 during the period. Idaho Trust Bank acquired a new position in iShares MSCI Germany ETF during the 2nd quarter worth $1,955,000. Arizona PSPRS Trust bought a new position in shares of iShares MSCI Germany ETF in the third quarter worth $1,922,000. Finally, Bank of Montreal Can increased its holdings in shares of iShares MSCI Germany ETF by 790.3% during the second quarter. Bank of Montreal Can now owns 51,281 shares of the exchange traded fund’s stock valued at $1,570,000 after purchasing an additional 45,521 shares during the period.

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).