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

iShares MSCI India ETF (BATS:INDA) was the recipient of some unusual options trading on Monday. Investors purchased 13,033 call options on the company. This represents an increase of approximately 57% compared to the average daily volume of 8,326 call options.

Institutional Investors Weigh In On iShares MSCI India ETF

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

iShares MSCI India ETF Price Performance

Shares of INDA stock opened at $45.42 on Tuesday. The stock’s 50-day moving average is $50.82 and its 200 day moving average is $52.71. iShares MSCI India ETF has a 1-year low of $45.21 and a 1-year high of $56.01. The company has a market cap of $7.89 billion, a P/E ratio of 25.20 and a beta of 0.48.

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.