DRW Securities LLC Invests $786,000 in iShares MSCI Indonesia ETF (NYSEARCA:EIDO)

DRW Securities LLC bought a new position in iShares MSCI Indonesia ETF (NYSEARCA:EIDO) during the 3rd quarter, HoldingsChannel reports. The fund bought 34,920 shares of the company’s stock, valued at approximately $786,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in EIDO. Family Firm Inc. purchased a new position in shares of iShares MSCI Indonesia ETF during the second quarter valued at approximately $81,000. AlphaCentric Advisors LLC purchased a new position in shares of iShares MSCI Indonesia ETF during the third quarter valued at approximately $129,000. Asahi Life Asset Management CO. LTD. purchased a new position in shares of iShares MSCI Indonesia ETF during the third quarter valued at approximately $260,000. SG Americas Securities LLC purchased a new position in shares of iShares MSCI Indonesia ETF during the second quarter valued at approximately $313,000. Finally, Banque Pictet & Cie SA raised its holdings in shares of iShares MSCI Indonesia ETF by 300.0% during the second quarter. Banque Pictet & Cie SA now owns 40,000 shares of the company’s stock valued at $771,000 after purchasing an additional 30,000 shares during the last quarter.

iShares MSCI Indonesia ETF Stock Up 1.8 %

EIDO opened at $20.34 on Tuesday. The firm has a 50 day moving average price of $21.68 and a 200-day moving average price of $20.85. iShares MSCI Indonesia ETF has a twelve month low of $18.09 and a twelve month high of $23.61. The stock has a market capitalization of $431.21 million, a price-to-earnings ratio of 10.08 and a beta of 0.55.

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.