iShares MSCI India ETF Target of Unusually Large Options Trading (BATS:INDA)

iShares MSCI India ETF (BATS:INDA) was the recipient of some unusual options trading on Wednesday. Stock traders bought 25,235 call options on the stock. This represents an increase of approximately 542% compared to the average volume of 3,929 call options.

iShares MSCI India ETF Price Performance

Shares of INDA traded up $3.15 during mid-day trading on Wednesday, hitting $54.08. 3,905,108 shares of the company’s stock were exchanged, compared to its average volume of 5,842,331. iShares MSCI India ETF has a 52 week low of $47.60 and a 52 week high of $59.49. The company has a market cap of $9.39 billion, a PE ratio of 25.20 and a beta of 0.48. The company has a 50-day simple moving average of $54.08 and a 200 day simple moving average of $53.76.

Hedge Funds Weigh In On iShares MSCI India ETF

Large investors have recently modified their holdings of the business. Triumph Capital Management acquired a new stake in shares of iShares MSCI India ETF in the third quarter valued at about $106,000. Allworth Financial LP increased its position in shares of iShares MSCI India ETF by 20.1% during the 3rd quarter. Allworth Financial LP now owns 2,244 shares of the company’s stock worth $117,000 after purchasing an additional 376 shares during the last quarter. BlueCrest Capital Management Ltd raised its stake in shares of iShares MSCI India ETF by 213.5% during the 3rd quarter. BlueCrest Capital Management Ltd now owns 116,000 shares of the company’s stock worth $6,039,000 after purchasing an additional 79,000 shares in the last quarter. CIBC Bancorp USA Inc. bought a new stake in shares of iShares MSCI India ETF during the 3rd quarter worth approximately $472,000. Finally, Advisory Services Network LLC grew its stake in shares of iShares MSCI India ETF by 226.4% in the third quarter. Advisory Services Network LLC now owns 23,188 shares of the company’s stock valued at $1,207,000 after buying an additional 16,084 shares in the last quarter.

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.