Sava Infond d.o.o. Invests $148,000 in iShares MSCI Indonesia ETF (NYSEARCA:EIDO)

Sava Infond d.o.o. acquired a new stake in iShares MSCI Indonesia ETF (NYSEARCA:EIDO) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,000 shares of the company’s stock, valued at approximately $148,000.

Several other hedge funds also recently added to or reduced their stakes in EIDO. LPL Financial LLC purchased a new position in iShares MSCI Indonesia ETF during the fourth quarter worth about $1,727,000. Amundi lifted its holdings in shares of iShares MSCI Indonesia ETF by 19.4% in the 4th quarter. Amundi now owns 470,600 shares of the company’s stock worth $8,640,000 after acquiring an additional 76,400 shares during the last quarter. Carrera Capital Advisors acquired a new position in shares of iShares MSCI Indonesia ETF in the 4th quarter worth approximately $1,894,000. SBI Securities Co. Ltd. purchased a new position in shares of iShares MSCI Indonesia ETF during the 4th quarter worth approximately $1,141,000. Finally, Asahi Life Asset Management CO. LTD. increased its holdings in iShares MSCI Indonesia ETF by 34.3% in the 4th quarter. Asahi Life Asset Management CO. LTD. now owns 15,500 shares of the company’s stock valued at $286,000 after purchasing an additional 3,960 shares during the last quarter.

iShares MSCI Indonesia ETF Stock Up 0.7 %

NYSEARCA:EIDO opened at $16.42 on Friday. iShares MSCI Indonesia ETF has a 52 week low of $15.31 and a 52 week high of $23.61. The stock’s fifty day moving average is $17.32 and its two-hundred day moving average is $19.53. The stock has a market capitalization of $275.86 million, a price-to-earnings ratio of 10.03 and a beta of 0.83.

iShares MSCI Indonesia ETF 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.