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

iShares MSCI India ETF (BATS:INDA) saw unusually large options trading activity on Monday. Stock investors bought 5,032 call options on the company. This is an increase of approximately 75% compared to the average daily volume of 2,872 call options.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. Wealthspire Advisors LLC lifted its position in shares of iShares MSCI India ETF by 2.8% during the fourth quarter. Wealthspire Advisors LLC now owns 6,990 shares of the company’s stock worth $378,000 after purchasing an additional 190 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its stake in shares of iShares MSCI India ETF by 3.4% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 7,469 shares of the company’s stock worth $404,000 after acquiring an additional 243 shares in the last quarter. Seven Mile Advisory increased its position in shares of iShares MSCI India ETF by 6.3% during the third quarter. Seven Mile Advisory now owns 4,380 shares of the company’s stock worth $228,000 after acquiring an additional 260 shares during the period. Envestnet Portfolio Solutions Inc. increased its position in shares of iShares MSCI India ETF by 4.9% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 5,927 shares of the company’s stock worth $320,000 after acquiring an additional 277 shares during the period. Finally, Wedbush Securities Inc. raised its stake in shares of iShares MSCI India ETF by 3.0% in the fourth quarter. Wedbush Securities Inc. now owns 10,157 shares of the company’s stock valued at $549,000 after acquiring an additional 295 shares in the last quarter.

iShares MSCI India ETF Stock Performance

iShares MSCI India ETF stock traded up $0.03 during mid-day trading on Monday, reaching $49.81. 1,052,917 shares of the company were exchanged, compared to its average volume of 7,576,382. The firm has a market cap of $8.65 billion, a P/E ratio of 25.20 and a beta of 0.48. The business has a fifty day moving average of $49.18 and a 200 day moving average of $49.50. iShares MSCI India ETF has a 12-month low of $45.21 and a 12-month high of $55.50.

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.