iShares MSCI Hong Kong ETF Target of Unusually High Options Trading (NYSEARCA:EWH)

iShares MSCI Hong Kong ETF (NYSEARCA:EWH) was the target of unusually large options trading activity on Tuesday. Stock traders purchased 4,087 call options on the company. This is an increase of approximately 753% compared to the average daily volume of 479 call options.

iShares MSCI Hong Kong ETF Stock Up 0.6 %

NYSEARCA:EWH traded up $0.09 during trading hours on Tuesday, hitting $15.89. The company had a trading volume of 2,367,701 shares, compared to its average volume of 2,584,820. iShares MSCI Hong Kong ETF has a 1 year low of $14.64 and a 1 year high of $20.36. The company has a 50-day moving average of $17.07 and a 200 day moving average of $16.74.

Institutional Investors Weigh In On iShares MSCI Hong Kong ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Farther Finance Advisors LLC acquired a new stake in shares of iShares MSCI Hong Kong ETF during the third quarter valued at about $67,000. USA Financial Formulas purchased a new position in shares of iShares MSCI Hong Kong ETF during the 4th quarter worth approximately $150,000. National Bank of Canada FI increased its holdings in iShares MSCI Hong Kong ETF by 1,823.9% in the 3rd quarter. National Bank of Canada FI now owns 10,389 shares of the exchange traded fund’s stock valued at $194,000 after purchasing an additional 9,849 shares during the last quarter. Hsbc Holdings PLC purchased a new stake in iShares MSCI Hong Kong ETF in the second quarter valued at approximately $254,000. Finally, Parallax Volatility Advisers L.P. acquired a new position in iShares MSCI Hong Kong ETF during the third quarter worth $456,000. 50.59% of the stock is currently owned by institutional investors and hedge funds.

About iShares MSCI Hong Kong ETF

iShares MSCI Hong Kong Index Fund, formerly Shares MSCI Hong Kong ETF, (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 Hong Kong market, as measured by the MSCI Hong Kong Index (the Index).