Traders Buy Large Volume of Put Options on iShares MSCI India ETF (BATS:INDA)

iShares MSCI India ETF (BATS:INDA) saw unusually large options trading activity on Monday. Stock traders purchased 47,893 put options on the stock. This is an increase of 475% compared to the typical daily volume of 8,326 put options.

iShares MSCI India ETF Price Performance

INDA traded down $0.44 during trading on Monday, hitting $45.38. The company’s stock had a trading volume of 8,350,338 shares, compared to its average volume of 9,325,200. The firm’s 50 day moving average price is $50.97 and its 200-day moving average price is $52.76. iShares MSCI India ETF has a twelve month low of $45.25 and a twelve month high of $56.01. The stock has a market cap of $7.88 billion, a PE ratio of 25.20 and a beta of 0.48.

Institutional Investors Weigh In On iShares MSCI India ETF

A number of large investors have recently modified their holdings of INDA. CI Investments Inc. increased its holdings in iShares MSCI India ETF by 52.2% in the third quarter. CI Investments Inc. now owns 35,000 shares of the company’s stock worth $1,822,000 after buying an additional 12,000 shares during the last quarter. IFM Investors Pty Ltd acquired a new stake in shares of iShares MSCI India ETF in the third quarter valued at about $93,034,000. Evolution Wealth Advisors LLC increased its position in iShares MSCI India ETF by 39.1% in the 4th quarter. Evolution Wealth Advisors LLC now owns 45,721 shares of the company’s stock worth $2,471,000 after buying an additional 12,843 shares during the period. Geneos Wealth Management Inc. increased its position in iShares MSCI India ETF by 100.8% during the second quarter. Geneos Wealth Management Inc. now owns 48,059 shares of the company’s stock worth $2,676,000 after acquiring an additional 24,123 shares during the period. Finally, B. Riley Wealth Advisors Inc. acquired a new position in shares of iShares MSCI India ETF during the second quarter valued at about $688,000.

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.