Traders Purchase High Volume of Call Options on iShares MSCI Hong Kong ETF (NYSEARCA:EWH)

iShares MSCI Hong Kong ETF (NYSEARCA:EWH) saw unusually large options trading on Wednesday. Stock traders purchased 16,909 call options on the stock. This represents an increase of approximately 3,467% compared to the typical daily volume of 474 call options.

iShares MSCI Hong Kong ETF Stock Up 3.6 %

EWH stock traded up $0.63 on Wednesday, reaching $18.18. 6,493,831 shares of the company’s stock were exchanged, compared to its average volume of 3,451,817. iShares MSCI Hong Kong ETF has a twelve month low of $14.64 and a twelve month high of $20.36. The stock has a fifty day moving average of $16.62 and a 200-day moving average of $17.07. The firm has a market cap of $659.75 million, a PE ratio of 15.46 and a beta of 0.50.

Institutional Trading of iShares MSCI Hong Kong ETF

Several hedge funds and other institutional investors have recently made changes to their positions in EWH. Bank of Montreal Can boosted its position in iShares MSCI Hong Kong ETF by 0.7% during the fourth quarter. Bank of Montreal Can now owns 83,928 shares of the exchange traded fund’s stock worth $1,398,000 after purchasing an additional 623 shares in the last quarter. Idaho Trust Bank increased its holdings in iShares MSCI Hong Kong ETF by 3.2% during the 4th quarter. Idaho Trust Bank now owns 28,840 shares of the exchange traded fund’s stock valued at $480,000 after acquiring an additional 882 shares in the last quarter. Tower Research Capital LLC TRC raised its position in iShares MSCI Hong Kong ETF by 55.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 3,311 shares of the exchange traded fund’s stock worth $55,000 after acquiring an additional 1,178 shares during the last quarter. Vontobel Holding Ltd. lifted its holdings in shares of iShares MSCI Hong Kong ETF by 0.5% in the fourth quarter. Vontobel Holding Ltd. now owns 334,214 shares of the exchange traded fund’s stock valued at $5,568,000 after purchasing an additional 1,531 shares in the last quarter. Finally, GenTrust LLC increased its stake in shares of iShares MSCI Hong Kong ETF by 9.4% during the 4th quarter. GenTrust LLC now owns 18,691 shares of the exchange traded fund’s stock worth $311,000 after purchasing an additional 1,600 shares in the last quarter. Institutional investors and hedge funds own 50.59% of the company’s stock.

iShares MSCI Hong Kong ETF Company Profile

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).