iShares MSCI India ETF Target of Unusually High Options Trading (BATS:INDA)

iShares MSCI India ETF (BATS:INDA) saw some unusual options trading activity on Tuesday. Traders acquired 18,741 put options on the stock. This is an increase of 112% compared to the typical volume of 8,859 put options.

Hedge Funds Weigh In On iShares MSCI India ETF

Several institutional investors have recently bought and sold shares of INDA. Principal Securities Inc. bought a new position in iShares MSCI India ETF during the fourth quarter valued at $29,000. Beacon Pointe Advisors LLC lifted its holdings in shares of iShares MSCI India ETF by 109.7% in the 4th quarter. Beacon Pointe Advisors LLC now owns 46,582 shares of the company’s stock worth $2,274,000 after acquiring an additional 24,367 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of iShares MSCI India ETF by 50.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 44,320 shares of the company’s stock worth $2,163,000 after acquiring an additional 14,930 shares during the last quarter. D.A. Davidson & CO. lifted its holdings in shares of iShares MSCI India ETF by 11.9% in the 4th quarter. D.A. Davidson & CO. now owns 75,543 shares of the company’s stock worth $3,687,000 after acquiring an additional 8,034 shares during the last quarter. Finally, Dai ichi Life Insurance Company Ltd lifted its holdings in shares of iShares MSCI India ETF by 4.9% in the 4th quarter. Dai ichi Life Insurance Company Ltd now owns 72,902 shares of the company’s stock worth $3,558,000 after acquiring an additional 3,378 shares during the last quarter.

iShares MSCI India ETF Stock Down 0.3 %

INDA stock opened at $57.96 on Wednesday. iShares MSCI India ETF has a 52 week low of $30.57 and a 52 week high of $38.21. The company has a fifty day simple moving average of $56.68 and a two-hundred day simple moving average of $54.19. The firm has a market capitalization of $10.71 billion, a P/E ratio of 28.95 and a beta of 0.51.

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.