iShares MSCI Indonesia ETF (NYSEARCA:EIDO) Stock Price Up 2.3% – What’s Next?

Shares of iShares MSCI Indonesia ETF (NYSEARCA:EIDO) rose 2.3% on Thursday . The stock traded as high as $18.31 and last traded at $18.30. Approximately 630,239 shares changed hands during trading, a decline of 11% from the average daily volume of 706,242 shares. The stock had previously closed at $17.89.

iShares MSCI Indonesia ETF Stock Up 2.3%

The company’s 50-day moving average is $17.79 and its 200-day moving average is $17.66. The stock has a market capitalization of $317.51 million, a price-to-earnings ratio of 11.90 and a beta of 0.80.

Institutional Trading of iShares MSCI Indonesia ETF

Institutional investors have recently made changes to their positions in the company. SBI Securities Co. Ltd. grew its position in iShares MSCI Indonesia ETF by 51.7% in the first quarter. SBI Securities Co. Ltd. now owns 93,652 shares of the company’s stock worth $1,527,000 after acquiring an additional 31,922 shares during the period. Asahi Life Asset Management CO. LTD. raised its position in iShares MSCI Indonesia ETF by 9.6% in the first quarter. Asahi Life Asset Management CO. LTD. now owns 16,990 shares of the company’s stock valued at $277,000 after purchasing an additional 1,490 shares during the period. Crestwood Advisors Group LLC acquired a new position in shares of iShares MSCI Indonesia ETF in the 1st quarter valued at $218,000. Carrera Capital Advisors lifted its stake in shares of iShares MSCI Indonesia ETF by 5.7% in the 1st quarter. Carrera Capital Advisors now owns 108,056 shares of the company’s stock valued at $1,761,000 after purchasing an additional 5,867 shares during the last quarter. Finally, Simplex Trading LLC purchased a new position in shares of iShares MSCI Indonesia ETF during the 1st quarter worth $40,000.

iShares MSCI Indonesia ETF Company 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.