Stock Traders Purchase High Volume of Put Options on iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) saw unusually large options trading on Wednesday. Traders acquired 283,709 put options on the company. This is an increase of 18% compared to the average daily volume of 240,969 put options.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA:EEM opened at $45.47 on Friday. iShares MSCI Emerging Markets ETF has a 12-month low of $36.38 and a 12-month high of $47.44. The stock’s 50 day simple moving average is $44.13 and its 200-day simple moving average is $42.89.

Hedge Funds Weigh In On iShares MSCI Emerging Markets ETF

Several institutional investors have recently bought and sold shares of the company. Sei Investments Co. lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 166.1% in the 1st quarter. Sei Investments Co. now owns 194,338 shares of the exchange traded fund’s stock valued at $7,983,000 after buying an additional 121,314 shares during the period. Massmutual Trust Co. FSB ADV raised its position in iShares MSCI Emerging Markets ETF by 7.2% in the first quarter. Massmutual Trust Co. FSB ADV now owns 57,836 shares of the exchange traded fund’s stock worth $2,376,000 after acquiring an additional 3,877 shares in the last quarter. Concurrent Investment Advisors LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the first quarter valued at $284,000. Diversified Trust Co boosted its position in shares of iShares MSCI Emerging Markets ETF by 25.6% during the 2nd quarter. Diversified Trust Co now owns 10,972 shares of the exchange traded fund’s stock worth $467,000 after purchasing an additional 2,235 shares in the last quarter. Finally, SageView Advisory Group LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 20.1% during the 4th quarter. SageView Advisory Group LLC now owns 6,334 shares of the exchange traded fund’s stock worth $244,000 after purchasing an additional 1,060 shares during the period. 81.39% of the stock is owned by institutional investors and hedge funds.

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).