iShares MSCI Mexico ETF Target of Unusually High Options Trading (NYSEARCA:EWW)

iShares MSCI Mexico ETF (NYSEARCA:EWW) was the recipient of some unusual options trading activity on Tuesday. Investors bought 16,533 put options on the stock. This represents an increase of approximately 66% compared to the average daily volume of 9,986 put options.

iShares MSCI Mexico ETF Price Performance

EWW traded down $1.30 during trading on Tuesday, reaching $48.99. 884,824 shares of the stock were exchanged, compared to its average volume of 2,318,043. iShares MSCI Mexico ETF has a 1 year low of $48.65 and a 1 year high of $71.12. The company has a market capitalization of $1.50 billion, a price-to-earnings ratio of 13.53 and a beta of 0.87. The business’s 50 day moving average price is $53.02 and its two-hundred day moving average price is $56.38.

Institutional Investors Weigh In On iShares MSCI Mexico ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Truist Financial Corp boosted its stake in shares of iShares MSCI Mexico ETF by 1.9% during the 2nd quarter. Truist Financial Corp now owns 9,416 shares of the exchange traded fund’s stock worth $533,000 after purchasing an additional 179 shares during the last quarter. Lowe Wealth Advisors LLC grew its stake in iShares MSCI Mexico ETF by 16.2% in the 2nd quarter. Lowe Wealth Advisors LLC now owns 1,848 shares of the exchange traded fund’s stock worth $105,000 after acquiring an additional 258 shares during the period. Highline Wealth Partners LLC acquired a new position in iShares MSCI Mexico ETF in the 3rd quarter valued at $28,000. Legacy Capital Group California Inc. lifted its stake in shares of iShares MSCI Mexico ETF by 4.8% during the 2nd quarter. Legacy Capital Group California Inc. now owns 12,142 shares of the exchange traded fund’s stock worth $687,000 after purchasing an additional 556 shares during the period. Finally, Contravisory Investment Management Inc. lifted its stake in shares of iShares MSCI Mexico ETF by 4.7% during the 2nd quarter. Contravisory Investment Management Inc. now owns 12,266 shares of the exchange traded fund’s stock worth $694,000 after purchasing an additional 556 shares during the period.

About iShares MSCI Mexico ETF

iShares MSCI Mexico Capped ETF (the Fund), formerly iShares MSCI Mexico Capped Investable Market Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Mexico IMI 25/50 Index (the Index). The Index consists of stocks traded primarily on the Mexican Stock Exchange.