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

iShares MSCI India ETF (BATS:INDA) was the recipient of some unusual options trading activity on Wednesday. Stock traders bought 15,317 call options on the stock. This is an increase of approximately 192% compared to the typical daily volume of 5,249 call options.

Institutional Investors Weigh In On iShares MSCI India ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in INDA. Farther Finance Advisors LLC raised its stake in shares of iShares MSCI India ETF by 29.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,317 shares of the company’s stock worth $77,000 after buying an additional 300 shares in the last quarter. Asset Management One Co. Ltd. acquired a new position in iShares MSCI India ETF during the third quarter worth about $3,563,000. Cornerstone Capital Inc. raised its position in iShares MSCI India ETF by 1.6% in the third quarter. Cornerstone Capital Inc. now owns 151,177 shares of the company’s stock worth $8,848,000 after acquiring an additional 2,420 shares in the last quarter. Avidian Wealth Enterprises LLC lifted its holdings in iShares MSCI India ETF by 2.8% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 136,925 shares of the company’s stock valued at $8,014,000 after acquiring an additional 3,787 shares during the last quarter. Finally, Beacon Financial Advisory LLC boosted its position in shares of iShares MSCI India ETF by 25.9% during the 3rd quarter. Beacon Financial Advisory LLC now owns 8,330 shares of the company’s stock valued at $488,000 after purchasing an additional 1,715 shares in the last quarter.

iShares MSCI India ETF Stock Performance

Shares of INDA stock traded down $2.07 during midday trading on Wednesday, reaching $48.86. 3,905,108 shares of the company were exchanged, compared to its average volume of 4,949,799. The company’s 50 day moving average price is $50.97 and its two-hundred day moving average price is $54.29. The company has a market cap of $8.32 billion, a P/E ratio of 23.24 and a beta of 0.75. iShares MSCI India ETF has a 12 month low of $47.60 and a 12 month high of $59.49.

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.