Pekin Hardy Strauss Inc. Buys New Shares in iShares MSCI Indonesia ETF $EIDO

Pekin Hardy Strauss Inc. bought a new position in shares of iShares MSCI Indonesia ETF (NYSEARCA:EIDO) during the 4th quarter, Holdings Channel reports. The institutional investor bought 80,316 shares of the company’s stock, valued at approximately $1,502,000.

Other large investors have also recently bought and sold shares of the company. Group One Trading LLC acquired a new position in shares of iShares MSCI Indonesia ETF during the 3rd quarter worth approximately $70,000. Two Sigma Securities LLC acquired a new stake in shares of iShares MSCI Indonesia ETF in the 2nd quarter valued at approximately $267,000. Innealta Capital LLC acquired a new stake in shares of iShares MSCI Indonesia ETF in the 3rd quarter valued at approximately $279,000. Bank of America Corp DE grew its stake in shares of iShares MSCI Indonesia ETF by 3.6% in the third quarter. Bank of America Corp DE now owns 21,874 shares of the company’s stock valued at $384,000 after buying an additional 762 shares in the last quarter. Finally, SG Americas Securities LLC bought a new position in shares of iShares MSCI Indonesia ETF in the third quarter valued at $385,000.

iShares MSCI Indonesia ETF Trading Down 0.5%

Shares of EIDO opened at $15.02 on Thursday. The company’s fifty day simple moving average is $16.16 and its 200 day simple moving average is $17.63. iShares MSCI Indonesia ETF has a 1-year low of $14.91 and a 1-year high of $19.28. The company has a market cap of $274.87 million, a price-to-earnings ratio of 11.90 and a beta of 0.42.

iShares MSCI Indonesia ETF Profile

The iShares MSCI Indonesia ETF (EIDO) is an exchange-traded fund that is based on the MSCI Indonesia IMI 25-50 index, a market-cap-weighted index of large-, mid and small-cap Indonesian companies. EIDO was launched on May 5, 2010 and is managed by BlackRock.