Stock Traders Buy 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. Stock investors bought 10,199 call options on the company. This is an increase of 92% compared to the typical volume of 5,299 call options.

Institutional Trading of iShares MSCI India ETF

A number of hedge funds have recently made changes to their positions in INDA. Atlantic Union Bankshares Corp bought a new stake in shares of iShares MSCI India ETF in the 3rd quarter worth approximately $25,000. Ramirez Asset Management Inc. bought a new stake in iShares MSCI India ETF during the first quarter valued at about $26,000. Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new stake in iShares MSCI India ETF during the third quarter valued at about $26,000. Ravenswood Partners LP bought a new stake in iShares MSCI India ETF in the 3rd quarter valued at $27,000. Finally, Centricity Wealth Management LLC bought a new stake in iShares MSCI India ETF in the second quarter worth $31,000.

iShares MSCI India ETF Stock Up 7.7%

BATS INDA traded up $3.94 during trading hours on Wednesday, reaching $54.87. 3,905,108 shares of the company were exchanged, compared to its average volume of 5,842,331. The stock has a market capitalization of $9.53 billion, a P/E 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 $59.49. The business’s 50 day simple moving average is $53.66 and its 200-day simple moving average is $53.84.

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.