Investors Purchase Large Volume of Put Options on iShares MSCI India ETF (BATS:INDA)

iShares MSCI India ETF (BATS:INDA) was the recipient of unusually large options trading on Monday. Traders acquired 47,893 put options on the stock. This is an increase of 475% compared to the typical volume of 8,326 put options.

Institutional Investors Weigh In On iShares MSCI India ETF

Hedge funds have recently made changes to their positions in the business. Golden State Wealth Management LLC raised its stake in shares of iShares MSCI India ETF by 17.3% in the third quarter. Golden State Wealth Management LLC now owns 1,290 shares of the company’s stock valued at $67,000 after buying an additional 190 shares during the period. Wealthspire Advisors LLC increased its position in shares of iShares MSCI India ETF by 2.8% during the 4th quarter. Wealthspire Advisors LLC now owns 6,990 shares of the company’s stock valued at $378,000 after purchasing an additional 190 shares during the last quarter. Murphy & Mullick Capital Management Corp lifted its stake in iShares MSCI India ETF by 2.8% in the third quarter. Murphy & Mullick Capital Management Corp now owns 7,220 shares of the company’s stock worth $388,000 after purchasing an additional 200 shares during the last quarter. Cobblestone Asset Management LLC raised its holdings in iShares MSCI India ETF by 1.7% during the 4th quarter. Cobblestone Asset Management LLC now owns 12,115 shares of the company’s stock valued at $655,000 after buying an additional 206 shares during the last quarter. Finally, Smart Portfolios LLC lifted its holdings in iShares MSCI India ETF by 0.5% in the 3rd quarter. Smart Portfolios LLC now owns 45,041 shares of the company’s stock worth $2,345,000 after buying an additional 213 shares during the period.

iShares MSCI India ETF Stock Down 1.0%

INDA traded down $0.44 during midday trading on Monday, hitting $45.38. The company had a trading volume of 8,350,338 shares, compared to its average volume of 9,325,200. The stock’s 50 day moving average price is $50.97 and its 200 day moving average price is $52.76. The company has a market capitalization of $7.88 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a 52 week low of $45.25 and a 52 week high of $56.01.

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.