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

iShares MSCI India ETF (BATS:INDA) was the recipient of unusually large options trading on Wednesday. Traders bought 25,235 call options on the stock. This is an increase of 542% compared to the average volume of 3,929 call options.

Institutional Trading of iShares MSCI India ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Y Intercept Hong Kong Ltd bought a new position in shares of iShares MSCI India ETF in the 2nd quarter worth $311,000. Janney Montgomery Scott LLC lifted its position in shares of iShares MSCI India ETF by 19.4% in the second quarter. Janney Montgomery Scott LLC now owns 22,162 shares of the company’s stock worth $1,234,000 after purchasing an additional 3,604 shares in the last quarter. Yousif Capital Management LLC grew its holdings in shares of iShares MSCI India ETF by 14.0% in the 2nd quarter. Yousif Capital Management LLC now owns 829,075 shares of the company’s stock valued at $46,163,000 after acquiring an additional 101,950 shares in the last quarter. Perigon Wealth Management LLC raised its stake in shares of iShares MSCI India ETF by 627.0% during the 2nd quarter. Perigon Wealth Management LLC now owns 30,526 shares of the company’s stock worth $1,700,000 after purchasing an additional 26,327 shares in the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich increased its holdings in iShares MSCI India ETF by 1,053.7% during the second quarter. Bank Julius Baer & Co. Ltd Zurich now owns 366,050 shares of the company’s stock worth $20,382,000 after buying an additional 334,321 shares during the last quarter.

iShares MSCI India ETF Stock Performance

INDA opened at $54.08 on Friday. The stock has a market capitalization of $9.39 billion, a P/E ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a one year low of $47.60 and a one year high of $59.49. The business’s 50-day simple moving average is $54.05 and its 200-day simple moving average is $53.77.

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.