iShares MSCI India ETF Sees Unusually High Options Volume (BATS:INDA)

iShares MSCI India ETF (BATS:INDA) saw some unusual options trading activity on Monday. Stock investors bought 13,033 call options on the stock. This represents an increase of approximately 57% compared to the typical daily volume of 8,326 call options.

Hedge Funds Weigh In On iShares MSCI India ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Atlantic Union Bankshares Corp acquired a new stake in shares of iShares MSCI India ETF in the third quarter valued at approximately $25,000. Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new stake in shares of iShares MSCI India ETF during the 3rd quarter valued at $26,000. Ravenswood Partners LP acquired a new position in iShares MSCI India ETF in the 3rd quarter worth about $27,000. CoreCap Advisors LLC boosted its position in iShares MSCI India ETF by 292.7% during the 4th quarter. CoreCap Advisors LLC now owns 538 shares of the company’s stock worth $29,000 after buying an additional 401 shares during the period. Finally, Assetmark Inc. grew its stake in shares of iShares MSCI India ETF by 121.6% in the fourth quarter. Assetmark Inc. now owns 543 shares of the company’s stock worth $29,000 after purchasing an additional 298 shares during the last quarter.

iShares MSCI India ETF Stock Performance

BATS:INDA traded down $0.20 during mid-day trading on Monday, hitting $45.62. The company had a trading volume of 5,732,551 shares, compared to its average volume of 9,273,482. iShares MSCI India ETF has a fifty-two week low of $45.25 and a fifty-two week high of $56.01. The firm has a market cap of $7.92 billion, a P/E ratio of 25.20 and a beta of 0.48. The business’s fifty day moving average is $50.97 and its two-hundred day moving average is $52.76.

iShares MSCI India ETF Company Profile

The iShares MSCI India ETF (INDA) is an exchange-traded fund that is based on the MSCI India index, a market-cap-weighted index of the top 85% of firms in the Indian securities market. INDA was launched on Feb 2, 2012 and is managed by BlackRock.