Traders Purchase Large Volume of Put Options on iShares MSCI EAFE ETF (NYSEARCA:EFA)

iShares MSCI EAFE ETF (NYSEARCA:EFA) saw some unusual options trading on Friday. Investors acquired 292,519 put options on the stock. This represents an increase of 325% compared to the typical volume of 68,879 put options.

Hedge Funds Weigh In On iShares MSCI EAFE ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. SYM FINANCIAL Corp bought a new stake in shares of iShares MSCI EAFE ETF during the second quarter worth $26,000. Fairscale Capital LLC bought a new position in shares of iShares MSCI EAFE ETF in the 2nd quarter valued at about $37,000. ORG Wealth Partners LLC bought a new stake in shares of iShares MSCI EAFE ETF during the 3rd quarter worth about $39,000. Kennebec Savings Bank acquired a new position in shares of iShares MSCI EAFE ETF in the 3rd quarter valued at approximately $49,000. Finally, Financial Management Professionals Inc. raised its holdings in shares of iShares MSCI EAFE ETF by 2,734.8% in the third quarter. Financial Management Professionals Inc. now owns 652 shares of the exchange traded fund’s stock valued at $54,000 after purchasing an additional 629 shares during the last quarter. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

iShares MSCI EAFE ETF stock opened at $75.10 on Friday. iShares MSCI EAFE ETF has a one year low of $72.58 and a one year high of $84.56. The company’s fifty day moving average price is $79.02 and its two-hundred day moving average price is $79.92.

About iShares MSCI EAFE ETF

iShares MSCI EAFE ETF, formerly iShares MSCI EAFE Index Fund (the Fund), is an exchange-traded fund. The Fund’s investment objective is to seek investment results that correspond to the price and yield performance of its underlying index, MSCI EAFE Index (the Index). The Index has been developed by MSCI Inc as an equity benchmark for its international stock performance.