iShares MSCI Brazil ETF Sees Unusually High Options Volume (NYSEARCA:EWZ)

iShares MSCI Brazil ETF (NYSEARCA:EWZ) was the target of unusually large options trading activity on Wednesday. Traders purchased 264,421 call options on the company. This is an increase of 115% compared to the average daily volume of 122,988 call options.

Institutional Investors Weigh In On iShares MSCI Brazil ETF

A number of institutional investors have recently modified their holdings of the stock. National Bank of Canada FI increased its stake in shares of iShares MSCI Brazil ETF by 39,171.3% in the first quarter. National Bank of Canada FI now owns 1,462,855 shares of the exchange traded fund’s stock worth $46,241,000 after acquiring an additional 1,459,130 shares during the last quarter. SG Americas Securities LLC boosted its position in iShares MSCI Brazil ETF by 65.3% during the second quarter. SG Americas Securities LLC now owns 2,527,458 shares of the exchange traded fund’s stock valued at $69,075,000 after purchasing an additional 998,123 shares during the last quarter. DRW Securities LLC grew its stake in iShares MSCI Brazil ETF by 283.8% in the second quarter. DRW Securities LLC now owns 592,859 shares of the exchange traded fund’s stock valued at $16,203,000 after purchasing an additional 438,376 shares in the last quarter. Susquehanna International Group Ltd. increased its position in iShares MSCI Brazil ETF by 90.7% in the 2nd quarter. Susquehanna International Group Ltd. now owns 410,946 shares of the exchange traded fund’s stock worth $11,231,000 after purchasing an additional 195,473 shares during the last quarter. Finally, Rokos Capital Management LLP raised its stake in shares of iShares MSCI Brazil ETF by 33.1% during the 1st quarter. Rokos Capital Management LLP now owns 612,996 shares of the exchange traded fund’s stock worth $19,892,000 after purchasing an additional 152,417 shares in the last quarter.

iShares MSCI Brazil ETF Stock Performance

EWZ stock opened at $27.78 on Friday. The firm has a 50 day simple moving average of $29.25 and a 200 day simple moving average of $29.34. iShares MSCI Brazil ETF has a 52 week low of $26.23 and a 52 week high of $35.74. The stock has a market cap of $4.36 billion, a P/E ratio of 5.65 and a beta of 0.93.

About iShares MSCI Brazil ETF

iShares MSCI Brazil Capped Index Fund (the Fund), formerly iShares MSCI Brazil Index 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 Brazilian market, as measured by the MSCI Brazil Index (the Index).