Pekin Hardy Strauss Inc. Invests $1.50 Million in iShares MSCI Indonesia ETF $EIDO

Pekin Hardy Strauss Inc. acquired a new stake in shares of iShares MSCI Indonesia ETF (NYSEARCA:EIDO) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 80,316 shares of the company’s stock, valued at approximately $1,502,000. Pekin Hardy Strauss Inc. owned approximately 0.41% of iShares MSCI Indonesia ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Private Wealth Advisors LLC acquired a new stake in iShares MSCI Indonesia ETF during the 3rd quarter worth approximately $3,190,000. Congress Park Capital LLC bought a new position in iShares MSCI Indonesia ETF in the fourth quarter valued at approximately $2,055,000. Trium Capital LLP acquired a new position in shares of iShares MSCI Indonesia ETF in the fourth quarter valued at approximately $1,770,000. Nan Fung Trinity HK Ltd. bought a new stake in shares of iShares MSCI Indonesia ETF during the third quarter worth $11,041,000. Finally, Sumitomo Mitsui Trust Group Inc. bought a new stake in shares of iShares MSCI Indonesia ETF during the third quarter worth $497,000.

iShares MSCI Indonesia ETF Stock Down 0.5%

Shares of NYSEARCA:EIDO opened at $15.02 on Thursday. The firm 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 has a 12 month low of $14.91 and a 12 month high of $19.28. The company’s fifty day simple moving average is $16.16 and its 200 day simple moving average is $17.63.

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.