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

iShares MSCI Canada ETF (NYSEARCA:EWC) was the target of unusually large options trading on Monday. Traders bought 152,812 call options on the stock. This represents an increase of approximately 2,316% compared to the typical daily volume of 6,325 call options.

Institutional Investors Weigh In On iShares MSCI Canada ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EWC. Ashton Thomas Private Wealth LLC acquired a new stake in iShares MSCI Canada ETF in the second quarter valued at approximately $45,000. Syntrinsic LLC grew its stake in shares of iShares MSCI Canada ETF by 26.0% during the second quarter. Syntrinsic LLC now owns 1,494 shares of the exchange traded fund’s stock worth $55,000 after purchasing an additional 308 shares in the last quarter. International Assets Investment Management LLC acquired a new position in shares of iShares MSCI Canada ETF during the second quarter worth $69,000. Whittier Trust Co. increased its holdings in iShares MSCI Canada ETF by 38.7% in the third quarter. Whittier Trust Co. now owns 1,682 shares of the exchange traded fund’s stock valued at $70,000 after buying an additional 469 shares during the last quarter. Finally, CWM LLC raised its stake in iShares MSCI Canada ETF by 18.7% in the second quarter. CWM LLC now owns 2,346 shares of the exchange traded fund’s stock valued at $87,000 after buying an additional 370 shares in the last quarter.

iShares MSCI Canada ETF Trading Down 0.5 %

EWC stock traded down $0.21 during trading on Monday, reaching $41.80. 3,024,930 shares of the stock were exchanged, compared to its average volume of 2,017,380. The firm has a market capitalization of $2.99 billion, a price-to-earnings ratio of 14.59 and a beta of 0.90. The business has a 50 day moving average price of $42.01 and a 200-day moving average price of $39.93. iShares MSCI Canada ETF has a 1 year low of $35.05 and a 1 year high of $43.33.

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).