iShares MSCI Canada ETF Target of Unusually Large Options Trading (NYSEARCA:EWC)

iShares MSCI Canada ETF (NYSEARCA:EWC) was the target of some unusual options trading activity on Monday. Investors bought 152,812 call options on the company. This is an increase of 2,316% compared to the typical volume of 6,325 call options.

Hedge Funds Weigh In On iShares MSCI Canada ETF

Several institutional investors and hedge funds have recently bought and sold shares of EWC. Ashton Thomas Private Wealth LLC purchased a new position in iShares MSCI Canada ETF during the second quarter valued at approximately $45,000. Syntrinsic LLC lifted its stake in shares of iShares MSCI Canada ETF by 26.0% during the 2nd quarter. Syntrinsic LLC now owns 1,494 shares of the exchange traded fund’s stock valued at $55,000 after buying an additional 308 shares in the last quarter. International Assets Investment Management LLC bought a new position in iShares MSCI Canada ETF in the 2nd quarter worth $69,000. Whittier Trust Co. increased its stake in iShares MSCI Canada ETF by 38.7% in the 3rd quarter. Whittier Trust Co. now owns 1,682 shares of the exchange traded fund’s stock worth $70,000 after buying an additional 469 shares in the last quarter. Finally, CWM LLC raised its holdings in iShares MSCI Canada ETF by 18.7% during the second quarter. CWM LLC now owns 2,346 shares of the exchange traded fund’s stock valued at $87,000 after acquiring an additional 370 shares during the period.

iShares MSCI Canada ETF Trading Down 0.6 %

EWC opened at $41.00 on Wednesday. iShares MSCI Canada ETF has a 1-year low of $35.05 and a 1-year high of $43.33. The firm’s 50 day simple moving average is $42.02 and its two-hundred day simple moving average is $39.96. The company has a market capitalization of $2.93 billion, a PE ratio of 14.59 and a beta of 0.90.

About iShares MSCI Canada ETF

iShares MSCI Canada ETF (the Fund), formerly iShares MSCI Canada Index Fund, is an exchange-traded fund (ETF). 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 Canadian market, as measured by the MSCI Canada Index (the Index).