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

iShares MSCI India ETF (BATS:INDA) saw unusually large options trading on Wednesday. Stock investors bought 52,775 call options on the stock. This is an increase of approximately 749% compared to the typical volume of 6,213 call options.

Hedge Funds Weigh In On iShares MSCI India ETF

Several hedge funds have recently bought and sold shares of the business. Atlantic Union Bankshares Corp purchased a new position in shares of iShares MSCI India ETF in the third quarter valued at approximately $25,000. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new position in iShares MSCI India ETF in the 3rd quarter valued at $26,000. Ravenswood Partners LP purchased a new position in iShares MSCI India ETF in the 3rd quarter valued at $27,000. CoreCap Advisors LLC boosted its stake in iShares MSCI India ETF by 292.7% during the 4th quarter. CoreCap Advisors LLC now owns 538 shares of the company’s stock worth $29,000 after purchasing an additional 401 shares during the last quarter. Finally, Assetmark Inc. boosted its stake in iShares MSCI India ETF by 121.6% during the 4th quarter. Assetmark Inc. now owns 543 shares of the company’s stock worth $29,000 after purchasing an additional 298 shares during the last quarter.

iShares MSCI India ETF Price Performance

BATS:INDA opened at $53.11 on Friday. The stock’s 50 day simple moving average is $53.19 and its two-hundred day simple moving average is $53.35. The company has a market cap of $9.22 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a 1 year low of $47.60 and a 1 year high of $56.01.

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.