Is iShares MSCI Germany Index Fund (ETF)’s Fuel For Real? The Stock Was Bought By Option Traders

 Is iShares MSCI Germany Index Fund (ETF)'s Fuel For Real? The Stock Was Bought By Option Traders

In today’s session iShares MSCI Germany Index Fund (ETF) (EWG) registered an unusually high (300) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the April, 2017 call, expecting serious EWG increase. With 300 contracts traded and 6294 open interest for the Apr, 17 contract, it seems this is a quite bullish bet. The option with symbol: EWG170421C00026000 closed last at: $0.9 or 20% up. iShares MSCI Germany Index Fund (ETF) (NYSEARCA:EWG) has declined 6.47% since April 26, 2016 and is downtrending. It has underperformed by 11.73% the S&P500.

iShares MSCI Germany ETF, formerly iShares MSCI Germany Index Fund , is an exchange-traded fund. The ETF has a market cap of $3.34 billion. 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 German market, as measured by the MSCI Germany Index (the Index). It currently has negative earnings. The Index seeks to measure the performance of the Germany equity market.

EWG Company Profile

iShares MSCI Germany Index Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the aggregate in the German market, as measured by the MSCI Germany Index (the Index). The Index seeks to measure the performance of the German equity market. The Index is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization. Component companies are adjusted for available float and must meet objective criteria for inclusion in the Index. The Index is reviewed quarterly.

More notable recent iShares MSCI Germany Index Fund (ETF) (NYSEARCA:EWG) news were published by: Etfdailynews.com which released: “3 Rocket Arc Patterns For Overseas ETFs [iShares MSCI Germany Index Fund (ETF …” on June 30, 2015, also Marketwatch.com with their article: “iShares MSCI Germany ETF” published on June 04, 2010, Etfdailynews.com published: “3 ETFs To Profit From Europe’s Economic Recovery [iShares MSCI Germany Index …” on March 06, 2015. More interesting news about iShares MSCI Germany Index Fund (ETF) (NYSEARCA:EWG) were released by: Etfdailynews.com and their article: “German Companies Aren’t Investing Because They Have Crushing Pension Obligations” published on August 10, 2016 as well as Benzinga.com‘s news article titled: “Post-Brexit Analysis Shows Many ETFs Did Their Jobs” with publication date: June 27, 2016.

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