Stock Traders Purchase High Volume of Call Options on iShares MSCI India ETF (BATS:INDA)

iShares MSCI India ETF (BATS:INDA) was the target of some unusual options trading activity on Monday. Traders bought 20,526 call options on the company. This represents an increase of approximately 193% compared to the average volume of 7,005 call options.

iShares MSCI India ETF Price Performance

Shares of iShares MSCI India ETF stock traded down $1.14 during trading on Monday, hitting $51.14. The stock had a trading volume of 3,668,254 shares, compared to its average volume of 7,714,839. The business has a fifty day moving average of $53.07 and a two-hundred day moving average of $53.37. iShares MSCI India ETF has a fifty-two week low of $47.60 and a fifty-two week high of $56.01. The firm has a market cap of $8.88 billion, a P/E ratio of 25.20 and a beta of 0.48.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its stake in shares of iShares MSCI India ETF by 97.0% in the second quarter. JPMorgan Chase & Co. now owns 7,518,409 shares of the company’s stock worth $418,625,000 after purchasing an additional 3,702,760 shares during the period. Geode Capital Management LLC increased its position in iShares MSCI India ETF by 44.8% in the 2nd quarter. Geode Capital Management LLC now owns 4,541,678 shares of the company’s stock worth $252,881,000 after buying an additional 1,405,731 shares during the period. Man Group plc increased its position in iShares MSCI India ETF by 1.7% in the 4th quarter. Man Group plc now owns 4,501,107 shares of the company’s stock worth $243,285,000 after buying an additional 76,197 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in shares of iShares MSCI India ETF by 10.7% during the second quarter. Arrowstreet Capital Limited Partnership now owns 4,215,575 shares of the company’s stock worth $234,723,000 after buying an additional 406,176 shares during the last quarter. Finally, Wellington Management Group LLP boosted its position in shares of iShares MSCI India ETF by 9.6% in the fourth quarter. Wellington Management Group LLP now owns 2,911,671 shares of the company’s stock valued at $157,376,000 after acquiring an additional 254,355 shares during the period.

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.