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

iShares MSCI India ETF (BATS:INDA) was the target of unusually large options trading activity on Monday. Stock investors bought 5,032 call options on the company. This is an increase of 75% compared to the typical daily volume of 2,872 call options.

iShares MSCI India ETF Trading Up 0.1%

Shares of BATS INDA traded up $0.03 during trading hours on Monday, reaching $49.81. The stock had a trading volume of 1,052,917 shares, compared to its average volume of 7,576,382. The firm has a market cap of $8.65 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48. The business’s fifty day moving average price is $49.18 and its two-hundred day moving average price is $49.50. iShares MSCI India ETF has a 52-week low of $45.21 and a 52-week high of $55.50.

Institutional Investors Weigh In On iShares MSCI India ETF

A number of institutional investors and hedge funds have recently bought and sold shares of INDA. MYDA Advisors LLC purchased a new position in shares of iShares MSCI India ETF during the first quarter valued at $1,030,000. Invesco Ltd. raised its holdings in shares of iShares MSCI India ETF by 7.0% in the 2nd quarter. Invesco Ltd. now owns 583,029 shares of the company’s stock valued at $32,463,000 after purchasing an additional 38,190 shares in the last quarter. Baird Financial Group Inc. purchased a new stake in shares of iShares MSCI India ETF in the 2nd quarter worth approximately $350,000. Cerity Partners LLC lifted its position in shares of iShares MSCI India ETF by 29.7% in the 2nd quarter. Cerity Partners LLC now owns 81,113 shares of the company’s stock worth $4,516,000 after purchasing an additional 18,593 shares during the period. Finally, Qube Research & Technologies Ltd bought a new position in shares of iShares MSCI India ETF during the second quarter valued at approximately $354,000.

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.