iShares MSCI Indonesia ETF $EIDO Shares Newly Purchased by Phoenix Wealth Advisors

Phoenix Wealth Advisors bought a new position in shares of iShares MSCI Indonesia ETF (NYSEARCA:EIDO) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 115,709 shares of the company’s stock, valued at approximately $1,357,000. Phoenix Wealth Advisors owned 0.31% of iShares MSCI Indonesia ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in EIDO. Ashton Thomas Private Wealth LLC boosted its position in shares of iShares MSCI Indonesia ETF by 474.1% during the third quarter. Ashton Thomas Private Wealth LLC now owns 78,170 shares of the company’s stock valued at $917,000 after purchasing an additional 64,553 shares in the last quarter. Asset One Wealth Management LLC bought a new position in iShares MSCI Indonesia ETF in the third quarter worth $1,373,000. Principle Wealth Partners LLC purchased a new position in iShares MSCI Indonesia ETF during the third quarter valued at $109,000. Kestra Advisory Services LLC lifted its position in iShares MSCI Indonesia ETF by 18.6% during the third quarter. Kestra Advisory Services LLC now owns 65,833 shares of the company’s stock valued at $772,000 after buying an additional 10,313 shares during the period. Finally, Quadcap Wealth Management LLC purchased a new position in iShares MSCI Indonesia ETF during the third quarter valued at $282,000.

iShares MSCI Indonesia ETF Stock Up 2.4%

Shares of NYSEARCA:EIDO traded up $0.24 during midday trading on Friday, reaching $10.07. The company’s stock had a trading volume of 1,214,581 shares, compared to its average volume of 1,289,765. The firm has a 50 day moving average of $11.62 and a 200-day moving average of $13.79. The firm has a market capitalization of $384.17 million, a P/E ratio of 11.90 and a beta of 0.32. iShares MSCI Indonesia ETF has a 12-month low of $9.61 and a 12-month high of $19.28.

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.