Traders Buy Large Volume of Put Options on iShares MSCI Canada ETF (NYSEARCA:EWC)

iShares MSCI Canada ETF (NYSEARCA:EWC) was the target of unusually large options trading activity on Monday. Stock traders bought 34,064 put options on the company. This is an increase of approximately 286% compared to the typical volume of 8,832 put options.

iShares MSCI Canada ETF Price Performance

NYSEARCA EWC traded down $0.16 during trading hours on Monday, hitting $39.86. 1,430,791 shares of the company’s stock traded hands, compared to its average volume of 2,486,003. iShares MSCI Canada ETF has a 52-week low of $35.05 and a 52-week high of $43.33. The company has a market capitalization of $2.85 billion, a PE ratio of 14.59 and a beta of 0.90. The firm’s 50-day moving average is $41.61 and its 200-day moving average is $40.39.

Institutional Trading of iShares MSCI Canada ETF

Hedge funds have recently made changes to their positions in the company. Voya Financial Advisors Inc. lifted its holdings in shares of iShares MSCI Canada ETF by 4.5% in the 3rd quarter. Voya Financial Advisors Inc. now owns 7,903 shares of the exchange traded fund’s stock worth $328,000 after acquiring an additional 342 shares during the last quarter. Richardson Financial Services Inc. lifted its holdings in shares of iShares MSCI Canada ETF by 9.4% in the 3rd quarter. Richardson Financial Services Inc. now owns 4,362 shares of the exchange traded fund’s stock worth $181,000 after acquiring an additional 374 shares during the last quarter. Whittier Trust Co. lifted its holdings in shares of iShares MSCI Canada ETF by 38.7% in the 3rd quarter. Whittier Trust Co. now owns 1,682 shares of the exchange traded fund’s stock worth $70,000 after acquiring an additional 469 shares during the last quarter. Rosenberg Matthew Hamilton lifted its holdings in shares of iShares MSCI Canada ETF by 20.9% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 3,023 shares of the exchange traded fund’s stock worth $126,000 after acquiring an additional 523 shares during the last quarter. Finally, Community Financial Services Group LLC lifted its holdings in shares of iShares MSCI Canada ETF by 3.5% in the 3rd quarter. Community Financial Services Group LLC now owns 19,103 shares of the exchange traded fund’s stock worth $793,000 after acquiring an additional 638 shares during the last quarter.

iShares MSCI Canada ETF Company Profile

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).