iShares MSCI Emerging Markets ETF Target of Unusually Large Options Trading (NYSEARCA:EEM)

iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) was the recipient of unusually large options trading activity on Friday. Traders bought 903,918 call options on the stock. This represents an increase of approximately 289% compared to the typical volume of 232,361 call options.

iShares MSCI Emerging Markets ETF Trading Up 0.6%

Shares of EEM stock traded up $0.38 during trading hours on Friday, reaching $67.88. 39,781,413 shares of the company’s stock were exchanged, compared to its average volume of 38,641,113. The company has a market cap of $30.06 billion, a price-to-earnings ratio of 14.46 and a beta of 0.73. iShares MSCI Emerging Markets ETF has a fifty-two week low of $46.15 and a fifty-two week high of $70.86. The stock’s 50 day moving average is $64.43 and its 200-day moving average is $59.87.

Institutional Trading of iShares MSCI Emerging Markets ETF

Several large investors have recently bought and sold shares of EEM. Rathbones Group PLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 16.8% during the first quarter. Rathbones Group PLC now owns 153,122 shares of the exchange traded fund’s stock worth $8,696,000 after buying an additional 22,021 shares during the period. DV Trading LLC boosted its position in iShares MSCI Emerging Markets ETF by 79.8% in the first quarter. DV Trading LLC now owns 71,389 shares of the exchange traded fund’s stock valued at $4,054,000 after buying an additional 31,689 shares during the last quarter. Parallel Advisors LLC increased its stake in shares of iShares MSCI Emerging Markets ETF by 0.6% in the first quarter. Parallel Advisors LLC now owns 129,514 shares of the exchange traded fund’s stock worth $7,355,000 after acquiring an additional 744 shares during the period. NewEdge Advisors LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF by 19.6% in the first quarter. NewEdge Advisors LLC now owns 133,071 shares of the exchange traded fund’s stock worth $7,557,000 after buying an additional 21,776 shares during the last quarter. Finally, First Nebraska Trust Co acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the 1st quarter worth approximately $483,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.