Traders Purchase Large Volume of iShares MSCI India ETF Call Options (BATS:INDA)

iShares MSCI India ETF (BATS:INDA) was the target of unusually large options trading activity on Monday. Stock investors acquired 16,335 call options on the stock. This represents an increase of approximately 233% compared to the average daily volume of 4,907 call options.

Hedge Funds Weigh In On iShares MSCI India ETF

Several large investors have recently bought and sold shares of the stock. Wellington Management Group LLP grew its stake in iShares MSCI India ETF by 114.1% during the 4th quarter. Wellington Management Group LLP now owns 1,267,253 shares of the company’s stock worth $61,855,000 after buying an additional 675,466 shares during the last quarter. Global Assets Advisory LLC purchased a new position in shares of iShares MSCI India ETF during the first quarter worth approximately $2,388,000. Mechanics Bank Trust Department acquired a new position in shares of iShares MSCI India ETF in the 1st quarter valued at $1,164,000. Wallace Advisory Group LLC purchased a new stake in iShares MSCI India ETF in the 1st quarter valued at $1,097,000. Finally, Flagstar Advisors Inc. acquired a new stake in iShares MSCI India ETF during the 1st quarter worth $575,000.

iShares MSCI India ETF Price Performance

Shares of iShares MSCI India ETF stock traded up $0.22 during trading hours on Monday, hitting $56.56. The company had a trading volume of 5,016,315 shares. The company’s 50-day moving average is $57.33 and its two-hundred day moving average is $55.26. The company has a market cap of $10.45 billion, a P/E ratio of 28.95 and a beta of 0.51. iShares MSCI India ETF has a twelve month low of $30.57 and a twelve month high of $38.21.

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.