iShares MSCI India ETF Sees Unusually High Options Volume (BATS:INDA)

iShares MSCI India ETF (BATS:INDA) was the recipient of unusually large options trading on Tuesday. Stock investors acquired 24,704 call options on the company. This represents an increase of 166% compared to the typical daily volume of 9,277 call options.

iShares MSCI India ETF Stock Performance

Shares of BATS INDA traded down $1.05 during mid-day trading on Tuesday, hitting $47.37. 3,155,533 shares of the stock traded hands, compared to its average volume of 8,606,563. The stock has a fifty day moving average price of $48.82 and a 200-day moving average price of $51.89. The company has a market cap of $8.23 billion, a price-to-earnings ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a 52 week low of $45.21 and a 52 week high of $56.01.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of INDA. Alliancebernstein L.P. bought a new position in iShares MSCI India ETF in the third quarter valued at about $120,217,000. The Manufacturers Life Insurance Company bought a new position in iShares MSCI India ETF during the fourth quarter valued at approximately $102,238,000. Man Group plc lifted its stake in shares of iShares MSCI India ETF by 96.0% in the 2nd quarter. Man Group plc now owns 3,755,500 shares of the company’s stock valued at $209,106,000 after purchasing an additional 1,839,360 shares during the last quarter. USS Investment Management Ltd bought a new stake in shares of iShares MSCI India ETF in the 4th quarter valued at approximately $70,848,000. Finally, Phoenix Financial Ltd. lifted its stake in shares of iShares MSCI India ETF by 1,612.7% in the 3rd quarter. Phoenix Financial Ltd. now owns 1,002,462 shares of the company’s stock valued at $52,188,000 after purchasing an additional 943,931 shares during the last quarter.

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.