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

iShares MSCI India ETF (BATS:INDA) was the recipient of some unusual options trading on Tuesday. Stock traders purchased 24,704 call options on the company. This represents an increase of approximately 166% compared to the average volume of 9,277 call options.

iShares MSCI India ETF Trading Down 2.2%

iShares MSCI India ETF stock traded down $1.05 during midday trading on Tuesday, reaching $47.37. The company’s stock had a trading volume of 3,155,533 shares, compared to its average volume of 8,606,563. iShares MSCI India ETF has a 52 week low of $45.21 and a 52 week high of $56.01. The business has a 50-day moving average price of $48.82 and a 200-day moving average price of $51.89. The stock has a market cap of $8.23 billion, a PE ratio of 25.20 and a beta of 0.48.

Institutional Trading of iShares MSCI India ETF

Several hedge funds and other institutional investors have recently made changes to their positions in INDA. Alliancebernstein L.P. acquired a new position in iShares MSCI India ETF in the third quarter valued at approximately $120,217,000. The Manufacturers Life Insurance Company bought a new stake in shares of iShares MSCI India ETF during the fourth quarter valued at about $102,238,000. Man Group plc raised its holdings in shares of iShares MSCI India ETF by 96.0% in the 2nd quarter. Man Group plc now owns 3,755,500 shares of the company’s stock valued at $209,106,000 after acquiring an additional 1,839,360 shares in the last quarter. USS Investment Management Ltd purchased a new position in shares of iShares MSCI India ETF during the 4th quarter valued at about $70,848,000. Finally, Phoenix Financial Ltd. raised its holdings in shares of iShares MSCI India ETF by 1,612.7% during the 3rd quarter. Phoenix Financial Ltd. now owns 1,002,462 shares of the company’s stock valued at $52,188,000 after buying an additional 943,931 shares in the last quarter.

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.