Smith Group Asset Management LLC Buys 3,456 Shares of iShares MSCI Indonesia ETF (NYSEARCA:EIDO)

Smith Group Asset Management LLC lifted its stake in iShares MSCI Indonesia ETF (NYSEARCA:EIDO) by 30.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,736 shares of the company’s stock after purchasing an additional 3,456 shares during the quarter. Smith Group Asset Management LLC owned about 0.07% of iShares MSCI Indonesia ETF worth $332,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Yousif Capital Management LLC boosted its position in shares of iShares MSCI Indonesia ETF by 7.3% in the 1st quarter. Yousif Capital Management LLC now owns 109,029 shares of the company’s stock worth $2,456,000 after purchasing an additional 7,400 shares in the last quarter. Wellington Management Group LLP lifted its position in iShares MSCI Indonesia ETF by 7.7% in the 4th quarter. Wellington Management Group LLP now owns 111,956 shares of the company’s stock valued at $2,499,000 after acquiring an additional 7,992 shares in the last quarter. Acima Private Wealth LLC lifted its position in iShares MSCI Indonesia ETF by 3.9% in the 4th quarter. Acima Private Wealth LLC now owns 44,989 shares of the company’s stock valued at $1,004,000 after acquiring an additional 1,709 shares in the last quarter. Black Maple Capital Management LP purchased a new stake in iShares MSCI Indonesia ETF during the 4th quarter valued at $446,000. Finally, Asahi Life Asset Management CO. LTD. raised its stake in iShares MSCI Indonesia ETF by 24.9% during the 4th quarter. Asahi Life Asset Management CO. LTD. now owns 13,490 shares of the company’s stock valued at $301,000 after buying an additional 2,690 shares during the last quarter.

iShares MSCI Indonesia ETF Stock Up 1.1 %

EIDO traded up $0.21 during mid-day trading on Friday, reaching $19.85. 1,280,170 shares of the company traded hands, compared to its average volume of 572,681. The stock has a market capitalization of $420.82 million, a P/E ratio of 10.08 and a beta of 0.55. The company’s fifty day moving average price is $19.87 and its 200-day moving average price is $21.38. iShares MSCI Indonesia ETF has a 52-week low of $18.09 and a 52-week high of $23.85.

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.