iShares MSCI Hong Kong ETF Sees Unusually High Options Volume (NYSEARCA:EWH)

iShares MSCI Hong Kong ETF (NYSEARCA:EWH) saw some unusual options trading activity on Tuesday. Stock traders purchased 4,087 call options on the stock. This is an increase of 753% compared to the typical volume of 479 call options.

iShares MSCI Hong Kong ETF Trading Up 0.6 %

iShares MSCI Hong Kong ETF stock traded up $0.09 during midday trading on Tuesday, reaching $15.89. The company’s stock had a trading volume of 2,367,701 shares, compared to its average volume of 2,584,820. iShares MSCI Hong Kong ETF has a 52-week low of $14.64 and a 52-week high of $20.36. The stock’s 50-day simple moving average is $17.07 and its 200-day simple moving average is $16.74.

Institutional Trading of iShares MSCI Hong Kong ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Pekin Hardy Strauss Inc. increased its holdings in iShares MSCI Hong Kong ETF by 13.7% in the 3rd quarter. Pekin Hardy Strauss Inc. now owns 49,815 shares of the exchange traded fund’s stock worth $930,000 after acquiring an additional 6,000 shares in the last quarter. Main Management ETF Advisors LLC increased its stake in shares of iShares MSCI Hong Kong ETF by 55.3% during the second quarter. Main Management ETF Advisors LLC now owns 517,770 shares of the exchange traded fund’s stock worth $7,922,000 after purchasing an additional 184,320 shares in the last quarter. National Bank of Canada FI raised its position in shares of iShares MSCI Hong Kong ETF by 1,823.9% during the 3rd quarter. National Bank of Canada FI now owns 10,389 shares of the exchange traded fund’s stock worth $194,000 after purchasing an additional 9,849 shares during the last quarter. Farther Finance Advisors LLC purchased a new position in iShares MSCI Hong Kong ETF in the 3rd quarter valued at about $67,000. Finally, Citigroup Inc. boosted its holdings in iShares MSCI Hong Kong ETF by 884.1% in the 3rd quarter. Citigroup Inc. now owns 7,943,387 shares of the exchange traded fund’s stock worth $148,224,000 after buying an additional 7,136,219 shares during the last quarter. Institutional investors and hedge funds own 50.59% of the company’s stock.

About iShares MSCI Hong Kong ETF

iShares MSCI Hong Kong Index Fund, formerly Shares MSCI Hong Kong ETF, (the Fund), is an exchange-traded fund. 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 Hong Kong market, as measured by the MSCI Hong Kong Index (the Index).