Phoenix Wealth Advisors Purchases New Stake in iShares MSCI Indonesia ETF $EIDO

Phoenix Wealth Advisors acquired a new stake in shares of iShares MSCI Indonesia ETF (NYSEARCA:EIDO) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 115,709 shares of the company’s stock, valued at approximately $1,357,000.

A number of other large investors have also added to or reduced their stakes in EIDO. SBI Securities Co. Ltd. boosted its holdings in iShares MSCI Indonesia ETF by 2,000.2% in the third quarter. SBI Securities Co. Ltd. now owns 1,511,533 shares of the company’s stock worth $17,730,000 after acquiring an additional 1,439,563 shares in the last quarter. Commonwealth Equity Services LLC bought a new position in shares of iShares MSCI Indonesia ETF during the third quarter valued at $7,534,000. First Heartland Consultants Inc. bought a new position in shares of iShares MSCI Indonesia ETF during the second quarter valued at $1,901,000. Militia Capital Management LLC bought a new position in shares of iShares MSCI Indonesia ETF during the first quarter valued at $2,594,000. Finally, Banque Pictet & Cie SA bought a new position in shares of iShares MSCI Indonesia ETF during the third quarter valued at $1,408,000.

iShares MSCI Indonesia ETF Stock Performance

Shares of EIDO traded up $0.24 during trading hours on Friday, hitting $10.07. The company had a trading volume of 1,214,581 shares, compared to its average volume of 1,289,765. The firm has a fifty day moving average price of $11.62 and a 200-day moving average price of $13.79. The stock has a market capitalization of $384.17 million, a price-to-earnings ratio of 11.90 and a beta of 0.32. iShares MSCI Indonesia ETF has a 52-week low of $9.61 and a 52-week high of $19.28.

About iShares MSCI Indonesia ETF

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.