Traders Buy Large Volume of Call Options on iShares MSCI Emerging Markets Indx (EEM)

iShares MSCI Emerging Markets Indx (NYSE:EEM) was the target of some unusual options trading on Monday. Traders bought 40,084 call options on the company. This is an increase of approximately 586% compared to the average volume of 5,845 call options.

Several institutional investors have recently made changes to their positions in EEM. Oakworth Capital Inc. raised its position in shares of iShares MSCI Emerging Markets Indx by 4.7% during the second quarter. Oakworth Capital Inc. now owns 2,430 shares of the exchange traded fund’s stock worth $100,000 after purchasing an additional 110 shares during the period. Mondrian Investment Partners LTD acquired a new stake in shares of iShares MSCI Emerging Markets Indx during the second quarter worth $105,000. Regal Wealth Group Inc. raised its position in shares of iShares MSCI Emerging Markets Indx by 0.3% during the second quarter. Regal Wealth Group Inc. now owns 2,902 shares of the exchange traded fund’s stock worth $120,000 after purchasing an additional 8 shares during the period. Burt Wealth Advisors raised its position in shares of iShares MSCI Emerging Markets Indx by 9.6% during the second quarter. Burt Wealth Advisors now owns 3,003 shares of the exchange traded fund’s stock worth $124,000 after purchasing an additional 263 shares during the period. Finally, Accurate Investment Solutions Inc. acquired a new stake in shares of iShares MSCI Emerging Markets Indx during the second quarter worth $126,000.

Shares of iShares MSCI Emerging Markets Indx (NYSE:EEM) opened at 45.64 on Thursday. The company’s 50 day moving average price is $44.46 and its 200-day moving average price is $41.74. iShares MSCI Emerging Markets Indx has a 1-year low of $33.94 and a 1-year high of $45.96.

COPYRIGHT VIOLATION NOTICE: This piece was originally published by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are accessing this piece on another site, it was illegally copied and reposted in violation of U.S. & international trademark and copyright legislation. The correct version of this piece can be viewed at https://www.chaffeybreeze.com/2017/09/21/traders-buy-large-volume-of-call-options-on-ishares-msci-emerging-markets-indx-eem.html.

About iShares MSCI Emerging Markets Indx

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).

Receive News & Ratings for iShares MSCI Emerging Markets Indx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Emerging Markets Indx and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply