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

iShares MSCI India ETF (BATS:INDA) was the target of some unusual options trading on Friday. Stock traders bought 18,658 put options on the company. This is an increase of 214% compared to the average daily volume of 5,947 put options.

Institutional Investors Weigh In On iShares MSCI India ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Cetera Advisors LLC purchased a new stake in shares of iShares MSCI India ETF during the 1st quarter valued at $594,000. Cetera Investment Advisers purchased a new stake in shares of iShares MSCI India ETF during the 1st quarter valued at $2,037,000. Atria Investments Inc increased its position in shares of iShares MSCI India ETF by 17.2% during the 1st quarter. Atria Investments Inc now owns 25,841 shares of the company’s stock valued at $1,333,000 after purchasing an additional 3,799 shares during the last quarter. Comerica Bank increased its position in shares of iShares MSCI India ETF by 8.5% during the 1st quarter. Comerica Bank now owns 477,664 shares of the company’s stock valued at $24,643,000 after purchasing an additional 37,466 shares during the last quarter. Finally, Clear Point Advisors Inc. increased its position in shares of iShares MSCI India ETF by 2,836.2% during the 1st quarter. Clear Point Advisors Inc. now owns 15,268 shares of the company’s stock valued at $788,000 after purchasing an additional 14,748 shares during the last quarter.

iShares MSCI India ETF Trading Up 0.5 %

BATS INDA opened at $54.07 on Friday. The firm has a market capitalization of $9.99 billion, a P/E ratio of 28.95 and a beta of 0.51. The business has a fifty day simple moving average of $51.90 and a 200 day simple moving average of $49.91. iShares MSCI India ETF has a 12 month low of $30.57 and a 12 month high of $38.21.

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.