iShares MSCI Taiwan ETF Target of Unusually Large Options Trading (NYSEARCA:EWT)

iShares MSCI Taiwan ETF (NYSEARCA:EWT) was the recipient of unusually large options trading on Thursday. Traders purchased 9,598 call options on the stock. This represents an increase of approximately 92% compared to the typical daily volume of 4,986 call options.

Institutional Trading of iShares MSCI Taiwan ETF

A number of hedge funds have recently modified their holdings of the business. Northern Trust Corp lifted its holdings in shares of iShares MSCI Taiwan ETF by 15.9% in the fourth quarter. Northern Trust Corp now owns 2,763,557 shares of the exchange traded fund’s stock valued at $175,569,000 after purchasing an additional 379,584 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in shares of iShares MSCI Taiwan ETF by 393.4% in the 2nd quarter. BNP Paribas Financial Markets now owns 2,085,693 shares of the exchange traded fund’s stock valued at $119,719,000 after purchasing an additional 1,662,985 shares during the period. Sun Life Financial Inc. increased its holdings in shares of iShares MSCI Taiwan ETF by 3.4% in the 4th quarter. Sun Life Financial Inc. now owns 1,862,881 shares of the exchange traded fund’s stock valued at $118,349,000 after purchasing an additional 61,352 shares during the period. Invesco Ltd. increased its holdings in shares of iShares MSCI Taiwan ETF by 12.8% in the 3rd quarter. Invesco Ltd. now owns 1,254,110 shares of the exchange traded fund’s stock valued at $79,786,000 after purchasing an additional 142,464 shares during the period. Finally, Hsbc Holdings PLC increased its holdings in shares of iShares MSCI Taiwan ETF by 2,779.7% in the 1st quarter. Hsbc Holdings PLC now owns 1,185,627 shares of the exchange traded fund’s stock valued at $84,084,000 after purchasing an additional 1,144,455 shares during the period.

iShares MSCI Taiwan ETF Stock Down 1.5%

Shares of EWT traded down $1.64 during mid-day trading on Thursday, reaching $105.26. The company’s stock had a trading volume of 3,973,126 shares, compared to its average volume of 6,241,358. The business has a fifty day moving average of $86.65 and a 200 day moving average of $74.36. The company has a market cap of $10.80 billion, a price-to-earnings ratio of 17.58 and a beta of 1.09. iShares MSCI Taiwan ETF has a 1 year low of $53.57 and a 1 year high of $107.40.

About iShares MSCI Taiwan ETF

Ishares MSCI Taiwan Index Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Taiwan IndexSM (the Index). The Index consists of stocks traded primarily on the Taiwan Stock Exchange. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.