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

iShares MSCI India ETF (BATS:INDA) saw some unusual options trading on Wednesday. Investors bought 15,317 call options on the company. This represents an increase of approximately 192% compared to the typical volume of 5,249 call options.

iShares MSCI India ETF Price Performance

Shares of INDA traded down $2.07 during trading hours on Wednesday, hitting $48.86. 3,905,108 shares of the company were exchanged, compared to its average volume of 4,949,799. The company has a market capitalization of $8.32 billion, a PE ratio of 23.24 and a beta of 0.75. The firm has a fifty day simple moving average of $50.97 and a 200-day simple moving average of $54.29. iShares MSCI India ETF has a one year low of $47.60 and a one year high of $59.49.

Institutional Investors Weigh In On iShares MSCI India ETF

Several hedge funds have recently modified their holdings of INDA. Kestra Investment Management LLC purchased a new stake in iShares MSCI India ETF during the fourth quarter valued at about $26,000. HM Payson & Co. purchased a new stake in shares of iShares MSCI India ETF in the 4th quarter valued at approximately $26,000. Creative Capital Management Investments LLC acquired a new position in iShares MSCI India ETF in the 4th quarter worth approximately $30,000. 10Elms LLP acquired a new position in iShares MSCI India ETF in the 4th quarter worth approximately $32,000. Finally, GAMMA Investing LLC purchased a new position in iShares MSCI India ETF during the 4th quarter worth approximately $39,000.

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.