iShares MSCI Canada ETF Sees Unusually High Options Volume (NYSEARCA:EWC)

iShares MSCI Canada ETF (NYSEARCA:EWC) saw some unusual options trading activity on Monday. Stock investors purchased 152,812 call options on the company. This is an increase of 2,316% compared to the average volume of 6,325 call options.

iShares MSCI Canada ETF Stock Down 0.5 %

EWC opened at $41.80 on Tuesday. iShares MSCI Canada ETF has a 12-month low of $35.05 and a 12-month high of $43.33. The business has a 50 day moving average of $42.02 and a 200-day moving average of $39.96. The stock has a market cap of $2.99 billion, a price-to-earnings ratio of 14.59 and a beta of 0.90.

Institutional Investors Weigh In On iShares MSCI Canada ETF

Hedge funds have recently added to or reduced their stakes in the business. CWM LLC lifted its position 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 worth $87,000 after acquiring an additional 370 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in iShares MSCI Canada ETF by 12.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 7,954 shares of the exchange traded fund’s stock valued at $295,000 after purchasing an additional 888 shares during the period. NewSquare Capital LLC grew its holdings in iShares MSCI Canada ETF by 9.4% in the 2nd quarter. NewSquare Capital LLC now owns 127,937 shares of the exchange traded fund’s stock valued at $4,598,000 after buying an additional 11,005 shares in the last quarter. Family Firm Inc. grew its holdings in iShares MSCI Canada ETF by 1.0% in the 2nd quarter. Family Firm Inc. now owns 28,791 shares of the exchange traded fund’s stock valued at $1,068,000 after buying an additional 275 shares in the last quarter. Finally, AMG National Trust Bank increased its position in iShares MSCI Canada ETF by 20.8% during the 2nd quarter. AMG National Trust Bank now owns 44,781 shares of the exchange traded fund’s stock worth $1,661,000 after buying an additional 7,722 shares during the period.

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).