iShares MSCI Mexico ETF Target of Unusually High Options Trading (NYSEARCA:EWW)

iShares MSCI Mexico ETF (NYSEARCA:EWW) was the recipient of unusually large options trading activity on Thursday. Traders purchased 32,424 call options on the company. This is an increase of 211% compared to the average volume of 10,414 call options.

iShares MSCI Mexico ETF Price Performance

Shares of iShares MSCI Mexico ETF stock traded up $0.85 during trading hours on Thursday, hitting $50.61. 2,084,139 shares of the company’s stock traded hands, compared to its average volume of 2,248,309. The company has a fifty day simple moving average of $49.19 and a 200-day simple moving average of $52.39. The stock has a market capitalization of $1.55 billion, a price-to-earnings ratio of 13.53 and a beta of 0.87. iShares MSCI Mexico ETF has a 12-month low of $46.41 and a 12-month high of $71.12.

Institutional Trading of iShares MSCI Mexico ETF

Hedge funds have recently made changes to their positions in the company. Bridgewater Associates LP bought a new position in iShares MSCI Mexico ETF in the 3rd quarter worth about $51,470,000. BNP Paribas Financial Markets lifted its position in iShares MSCI Mexico ETF by 1.9% in the third quarter. BNP Paribas Financial Markets now owns 371,358 shares of the exchange traded fund’s stock valued at $19,946,000 after purchasing an additional 6,775 shares during the last quarter. Catalyst Capital Advisors LLC boosted its position in iShares MSCI Mexico ETF by 10.6% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 357,229 shares of the exchange traded fund’s stock valued at $19,187,000 after buying an additional 34,124 shares during the period. Millburn Ridgefield Corp lifted its stake in iShares MSCI Mexico ETF by 10.6% in the third quarter. Millburn Ridgefield Corp now owns 357,229 shares of the exchange traded fund’s stock worth $19,187,000 after acquiring an additional 34,124 shares during the period. Finally, Baker Avenue Asset Management LP increased its position in iShares MSCI Mexico ETF by 2.0% during the 3rd quarter. Baker Avenue Asset Management LP now owns 329,045 shares of the exchange traded fund’s stock valued at $17,673,000 after purchasing an additional 6,521 shares during the period.

About iShares MSCI Mexico ETF

iShares MSCI Mexico Capped ETF (the Fund), formerly iShares MSCI Mexico Capped Investable Market Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Mexico IMI 25/50 Index (the Index). The Index consists of stocks traded primarily on the Mexican Stock Exchange.