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

iShares MSCI India ETF (BATS:INDA) was the recipient of unusually large options trading activity on Tuesday. Stock investors bought 18,741 put options on the company. This is an increase of approximately 112% compared to the typical daily volume of 8,859 put options.

iShares MSCI India ETF Stock Performance

Shares of INDA traded down $0.16 on Tuesday, reaching $57.97. The stock had a trading volume of 4,311,115 shares. The firm has a market capitalization of $10.71 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51. The company has a 50-day simple moving average of $56.68 and a 200-day simple moving average of $54.19. iShares MSCI India ETF has a 12-month low of $30.57 and a 12-month high of $38.21.

Institutional Investors Weigh In On iShares MSCI India ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Principal Securities Inc. purchased a new position in iShares MSCI India ETF during the 4th quarter valued at approximately $29,000. Beacon Pointe Advisors LLC increased its position in iShares MSCI India ETF by 109.7% during the 4th quarter. Beacon Pointe Advisors LLC now owns 46,582 shares of the company’s stock valued at $2,274,000 after purchasing an additional 24,367 shares during the period. PNC Financial Services Group Inc. lifted its stake in shares of iShares MSCI India ETF by 50.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 44,320 shares of the company’s stock worth $2,163,000 after purchasing an additional 14,930 shares during the last quarter. D.A. Davidson & CO. lifted its position in iShares MSCI India ETF by 11.9% during the fourth quarter. D.A. Davidson & CO. now owns 75,543 shares of the company’s stock valued at $3,687,000 after acquiring an additional 8,034 shares during the last quarter. Finally, Dai ichi Life Insurance Company Ltd boosted its position in shares of iShares MSCI India ETF by 4.9% in the 4th quarter. Dai ichi Life Insurance Company Ltd now owns 72,902 shares of the company’s stock worth $3,558,000 after purchasing an additional 3,378 shares in the last quarter.

About iShares MSCI India ETF

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.