Traders Buy Large Volume of Put Options on iShares MSCI India ETF (BATS:INDA)

iShares MSCI India ETF (BATS:INDA) saw some unusual options trading on Monday. Investors acquired 47,893 put options on the stock. This represents an increase of 475% compared to the typical volume of 8,326 put options.

Institutional Trading of iShares MSCI India ETF

A number of hedge funds have recently added to or reduced their stakes in INDA. Atlantic Union Bankshares Corp acquired a new position in shares of iShares MSCI India ETF in the third quarter worth about $25,000. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new stake in shares of iShares MSCI India ETF during the 3rd quarter valued at about $26,000. Ravenswood Partners LP purchased a new position in shares of iShares MSCI India ETF in the 3rd quarter valued at about $27,000. CoreCap Advisors LLC increased its stake in shares of iShares MSCI India ETF by 292.7% in the 4th quarter. CoreCap Advisors LLC now owns 538 shares of the company’s stock valued at $29,000 after purchasing an additional 401 shares in the last quarter. Finally, Assetmark Inc. raised its holdings in iShares MSCI India ETF by 121.6% in the 4th quarter. Assetmark Inc. now owns 543 shares of the company’s stock worth $29,000 after purchasing an additional 298 shares during the period.

iShares MSCI India ETF Trading Down 0.9%

iShares MSCI India ETF stock opened at $45.42 on Tuesday. The firm has a market cap of $7.89 billion, a PE ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a 12 month low of $45.21 and a 12 month high of $56.01. The stock’s 50 day simple moving average is $50.82 and its two-hundred day simple moving average is $52.71.

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.