iShares MSCI Emerging Markets ETF Target of Unusually Large Options Trading (NYSEARCA:EEM)

iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) was the recipient of some unusual options trading on Wednesday. Stock investors acquired 283,709 put options on the company. This represents an increase of approximately 18% compared to the average daily volume of 240,969 put options.

Hedge Funds Weigh In On iShares MSCI Emerging Markets ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EEM. Jane Street Group LLC grew its position in iShares MSCI Emerging Markets ETF by 15.2% during the 1st quarter. Jane Street Group LLC now owns 24,776,158 shares of the exchange traded fund’s stock worth $1,017,805,000 after purchasing an additional 3,270,493 shares during the period. OLD Mission Capital LLC acquired a new position in iShares MSCI Emerging Markets ETF in the 1st quarter worth about $880,516,000. Bank of Montreal Can boosted its position in iShares MSCI Emerging Markets ETF by 91.1% during the second quarter. Bank of Montreal Can now owns 7,092,851 shares of the exchange traded fund’s stock worth $302,014,000 after purchasing an additional 3,382,010 shares in the last quarter. Greenleaf Trust lifted its position in shares of iShares MSCI Emerging Markets ETF by 13.0% during the 1st quarter. Greenleaf Trust now owns 2,577,270 shares of the exchange traded fund’s stock valued at $105,874,000 after buying an additional 296,134 shares in the last quarter. Finally, LPL Financial LLC grew its stake in iShares MSCI Emerging Markets ETF by 1.8% in the 2nd quarter. LPL Financial LLC now owns 1,995,125 shares of the exchange traded fund’s stock valued at $84,972,000 after acquiring an additional 35,297 shares during the period. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

iShares MSCI Emerging Markets ETF stock traded up $0.35 during trading hours on Wednesday, hitting $45.54. The company had a trading volume of 25,018,137 shares, compared to its average volume of 28,716,678. The company has a 50-day moving average price of $43.96 and a two-hundred day moving average price of $42.85. iShares MSCI Emerging Markets ETF has a 1 year low of $36.38 and a 1 year high of $47.44.

iShares MSCI Emerging Markets ETF Company Profile

iShares MSCI Emerging Markets ETF, formerly iShares MSCI Emerging Markets Index Fund (the Fund), seeks investment results that correspond generally to the price and yield performance of publicly traded equity securities in global emerging markets, as measured by the MSCI Emerging Markets Index (the Index).