iShares MSCI Indonesia ETF (NYSEARCA:EIDO) Trading 1.2% Higher – Here’s Why

iShares MSCI Indonesia ETF (NYSEARCA:EIDO)’s share price rose 1.2% during trading on Monday . The stock traded as high as $19.08 and last traded at $19.04. Approximately 370,140 shares were traded during mid-day trading, a decline of 3% from the average daily volume of 379,770 shares. The stock had previously closed at $18.81.

iShares MSCI Indonesia ETF Trading Up 1.2%

The company’s 50-day moving average price is $18.59 and its two-hundred day moving average price is $18.04. The company has a market cap of $370.33 million, a P/E ratio of 11.90 and a beta of 0.48.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Nan Fung Trinity HK Ltd. bought a new stake in shares of iShares MSCI Indonesia ETF during the 3rd quarter worth $11,041,000. Bcwm LLC lifted its holdings in shares of iShares MSCI Indonesia ETF by 15.1% during the third quarter. Bcwm LLC now owns 187,519 shares of the company’s stock valued at $3,291,000 after purchasing an additional 24,618 shares during the last quarter. Private Wealth Advisors LLC purchased a new stake in shares of iShares MSCI Indonesia ETF during the third quarter valued at $3,190,000. BNP Paribas Financial Markets boosted its position in shares of iShares MSCI Indonesia ETF by 444,163.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 133,279 shares of the company’s stock valued at $2,339,000 after purchasing an additional 133,249 shares during the period. Finally, Carrera Capital Advisors increased its stake in iShares MSCI Indonesia ETF by 4.3% in the 3rd quarter. Carrera Capital Advisors now owns 128,903 shares of the company’s stock worth $2,262,000 after purchasing an additional 5,349 shares in the last quarter.

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.