iShares MSCI India ETF Sees Unusually High Options Volume (BATS:INDA)

iShares MSCI India ETF (BATS:INDA) was the target of unusually large options trading activity on Tuesday. Stock traders acquired 18,741 put options on the company. This is an increase of approximately 112% compared to the typical daily volume of 8,859 put options.

Hedge Funds Weigh In On iShares MSCI India ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Angeles Wealth Management LLC acquired a new stake in shares of iShares MSCI India ETF in the second quarter valued at about $25,000. Founders Capital Management bought a new stake in iShares MSCI India ETF during the second quarter valued at $28,000. Abound Wealth Management acquired a new stake in iShares MSCI India ETF during the second quarter worth approximately $28,000. Principal Securities Inc. bought a new position in shares of iShares MSCI India ETF during the 4th quarter worth approximately $29,000. Finally, Bogart Wealth LLC acquired a new stake in shares of iShares MSCI India ETF during the 1st quarter worth approximately $33,000.

iShares MSCI India ETF Price Performance

Shares of iShares MSCI India ETF stock traded down $0.16 during trading on Tuesday, hitting $57.97. 4,311,115 shares of the company’s stock traded hands. The firm’s fifty day moving average price is $56.68 and its 200 day moving average price is $54.19. The company has a market cap of $10.71 billion, a PE ratio of 28.95 and a beta of 0.51. iShares MSCI India ETF has a twelve month low of $30.57 and a twelve month high of $38.21.

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.