iShares MSCI Brazil ETF Sees Unusually Large Options Volume (NYSEARCA:EWZ)

iShares MSCI Brazil ETF (NYSEARCA:EWZ) saw unusually large options trading on Wednesday. Stock investors acquired 264,421 call options on the stock. This is an increase of approximately 115% compared to the average daily volume of 122,988 call options.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of EWZ. Ashton Thomas Private Wealth LLC acquired a new stake in iShares MSCI Brazil ETF during the second quarter valued at approximately $36,000. International Assets Investment Management LLC acquired a new stake in iShares MSCI Brazil ETF during the second quarter valued at approximately $61,000. CWM LLC raised its stake in iShares MSCI Brazil ETF by 17.2% during the second quarter. CWM LLC now owns 2,802 shares of the exchange traded fund’s stock valued at $77,000 after buying an additional 412 shares in the last quarter. Hollencrest Capital Management acquired a new stake in iShares MSCI Brazil ETF during the second quarter valued at approximately $102,000. Finally, V Square Quantitative Management LLC acquired a new stake in iShares MSCI Brazil ETF during the second quarter valued at approximately $153,000.

iShares MSCI Brazil ETF Stock Down 0.1 %

Shares of NYSEARCA EWZ traded down $0.03 on Wednesday, hitting $28.18. The company had a trading volume of 13,075,600 shares, compared to its average volume of 20,454,555. iShares MSCI Brazil ETF has a 12-month low of $26.23 and a 12-month high of $35.74. The business has a 50 day moving average of $29.30 and a two-hundred day moving average of $29.35. The firm has a market capitalization of $4.43 billion, a P/E ratio of 5.65 and a beta of 0.93.

About iShares MSCI Brazil ETF

iShares MSCI Brazil Capped Index Fund (the Fund), formerly iShares MSCI Brazil Index 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 Brazilian market, as measured by the MSCI Brazil Index (the Index).