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

iShares MSCI India ETF (BATS:INDA) saw unusually large options trading activity on Tuesday. Stock investors purchased 21,426 call options on the company. This represents an increase of approximately 355% compared to the average daily volume of 4,712 call options.

iShares MSCI India ETF Trading Up 1.2%

Shares of INDA opened at $51.52 on Thursday. iShares MSCI India ETF has a twelve month low of $47.60 and a twelve month high of $59.49. The firm’s fifty day simple moving average is $53.76 and its 200-day simple moving average is $53.60. The firm has a market capitalization of $8.95 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in INDA. JPMorgan Chase & Co. raised its position in shares of iShares MSCI India ETF by 97.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,518,409 shares of the company’s stock worth $418,625,000 after acquiring an additional 3,702,760 shares in the last quarter. State of New Jersey Common Pension Fund D increased its stake in iShares MSCI India ETF by 2,067.3% in the second quarter. State of New Jersey Common Pension Fund D now owns 6,929,746 shares of the company’s stock valued at $385,848,000 after purchasing an additional 6,610,000 shares during the last quarter. Geode Capital Management LLC raised its holdings in iShares MSCI India ETF by 44.8% during the second quarter. Geode Capital Management LLC now owns 4,541,678 shares of the company’s stock worth $252,881,000 after purchasing an additional 1,405,731 shares in the last quarter. Man Group plc lifted its position in shares of iShares MSCI India ETF by 17.8% during the 3rd quarter. Man Group plc now owns 4,424,910 shares of the company’s stock worth $230,361,000 after buying an additional 669,410 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in shares of iShares MSCI India ETF by 10.7% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 4,215,575 shares of the company’s stock valued at $234,723,000 after buying an additional 406,176 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.