Stock Traders Purchase Large Volume of Call Options on iShares MSCI India ETF (BATS:INDA)

iShares MSCI India ETF (BATS:INDA) was the recipient of some unusual options trading activity on Wednesday. Traders bought 15,317 call options on the company. This is an increase of 192% compared to the average volume of 5,249 call options.

Hedge Funds Weigh In On iShares MSCI India ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Intellectus Partners LLC increased its stake in shares of iShares MSCI India ETF by 4.3% during the 4th quarter. Intellectus Partners LLC now owns 4,872 shares of the company’s stock worth $256,000 after purchasing an additional 200 shares during the last quarter. Dimension Capital Management LLC boosted its holdings in iShares MSCI India ETF by 1.8% in the fourth quarter. Dimension Capital Management LLC now owns 12,492 shares of the company’s stock worth $658,000 after purchasing an additional 222 shares in the last quarter. Ifrah Financial Services Inc. increased its position in iShares MSCI India ETF by 2.3% during the fourth quarter. Ifrah Financial Services Inc. now owns 10,066 shares of the company’s stock worth $530,000 after buying an additional 223 shares during the last quarter. Portside Wealth Group LLC raised its holdings in iShares MSCI India ETF by 0.6% during the third quarter. Portside Wealth Group LLC now owns 36,372 shares of the company’s stock valued at $2,129,000 after buying an additional 226 shares in the last quarter. Finally, Leavell Investment Management Inc. raised its holdings in iShares MSCI India ETF by 2.6% during the fourth quarter. Leavell Investment Management Inc. now owns 9,856 shares of the company’s stock valued at $519,000 after buying an additional 248 shares in the last quarter.

iShares MSCI India ETF Stock Down 4.0 %

Shares of BATS INDA opened at $48.91 on Thursday. iShares MSCI India ETF has a 52-week low of $47.60 and a 52-week high of $59.49. The business has a 50-day moving average price of $50.86 and a 200 day moving average price of $54.23. The stock has a market cap of $8.33 billion, a PE ratio of 23.24 and a beta of 0.75.

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.