iShares MSCI Indonesia ETF (NYSEARCA:EIDO) Shares Sold by OVERSEA CHINESE BANKING Corp Ltd

OVERSEA CHINESE BANKING Corp Ltd trimmed its position in shares of iShares MSCI Indonesia ETF (NYSEARCA:EIDO) by 13.5% during the fourth quarter, HoldingsChannel reports. The fund owned 38,876 shares of the company’s stock after selling 6,066 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in iShares MSCI Indonesia ETF were worth $868,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. BlackRock Inc. grew its position in iShares MSCI Indonesia ETF by 2,688.5% during the second quarter. BlackRock Inc. now owns 1,975,718 shares of the company’s stock worth $45,540,000 after buying an additional 1,904,865 shares during the period. The Manufacturers Life Insurance Company acquired a new position in iShares MSCI Indonesia ETF during the first quarter worth about $19,107,000. Bank of America Corp DE grew its position in iShares MSCI Indonesia ETF by 151.0% during the fourth quarter. Bank of America Corp DE now owns 1,274,277 shares of the company’s stock worth $28,531,000 after buying an additional 766,505 shares during the period. Jane Street Group LLC acquired a new position in iShares MSCI Indonesia ETF during the third quarter worth about $6,548,000. Finally, Millennium Management LLC grew its position in iShares MSCI Indonesia ETF by 477.1% during the fourth quarter. Millennium Management LLC now owns 288,542 shares of the company’s stock worth $6,460,000 after buying an additional 238,542 shares during the period.

iShares MSCI Indonesia ETF Trading Down 0.5 %

Shares of EIDO opened at $20.78 on Monday. The firm’s 50-day moving average is $22.35 and its two-hundred day moving average is $21.93. iShares MSCI Indonesia ETF has a twelve month low of $19.94 and a twelve month high of $24.78. The firm has a market capitalization of $461.32 million, a P/E ratio of 10.00 and a beta of 0.57.

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.