iShares MSCI India ETF Target of Unusually High Options Trading (BATS:INDA)

iShares MSCI India ETF (BATS:INDA) saw unusually large options trading on Monday. Stock traders acquired 16,335 call options on the company. This is an increase of 233% compared to the average daily volume of 4,907 call options.

Institutional Inflows and Outflows

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

iShares MSCI India ETF Stock Performance

INDA stock traded up $0.22 during trading on Monday, hitting $56.56. The stock had a trading volume of 5,016,315 shares. The stock has a market cap of $10.45 billion, a price-to-earnings ratio of 28.95 and a beta of 0.51. iShares MSCI India ETF has a 1-year low of $30.57 and a 1-year high of $38.21. The company’s 50 day moving average price is $57.33 and its two-hundred day moving average price is $55.26.

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.