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

iShares MSCI India ETF (BATS:INDA) saw some unusual options trading on Tuesday. Stock traders acquired 14,008 put options on the stock. This is an increase of 571% compared to the typical volume of 2,088 put options.

iShares MSCI India ETF Stock Up 0.5%

BATS:INDA traded up $0.23 on Tuesday, reaching $46.80. 1,723,005 shares of the company’s stock were exchanged, compared to its average volume of 7,045,831. The firm has a market capitalization of $8.13 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 $45.21 and a 52-week high of $55.50. The business has a fifty day moving average of $48.98 and a 200-day moving average of $48.70.

Institutional Trading of iShares MSCI India ETF

Several hedge funds have recently modified their holdings of the stock. Global Trust Asset Management LLC increased its holdings in iShares MSCI India ETF by 835.9% during the 1st quarter. Global Trust Asset Management LLC now owns 599 shares of the company’s stock worth $28,000 after purchasing an additional 535 shares during the period. Western Wealth Management LLC purchased a new position in shares of iShares MSCI India ETF in the 1st quarter valued at about $31,000. GHP Investment Advisors Inc. grew its position in shares of iShares MSCI India ETF by 123.7% during the first quarter. GHP Investment Advisors Inc. now owns 671 shares of the company’s stock worth $31,000 after buying an additional 371 shares in the last quarter. Continuum Advisory LLC acquired a new position in shares of iShares MSCI India ETF during the second quarter worth about $51,000. Finally, Angeles Wealth Management LLC acquired a new position in shares of iShares MSCI India ETF during the first quarter worth about $64,000.

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.