49,300 Shares in iShares MSCI Indonesia ETF $EIDO Bought by Kickstand Ventures LLC.

Kickstand Ventures LLC. acquired a new position in iShares MSCI Indonesia ETF (NYSEARCA:EIDO) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 49,300 shares of the company’s stock, valued at approximately $558,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Main Management LLC bought a new stake in shares of iShares MSCI Indonesia ETF during the 4th quarter valued at $43,000. Group One Trading LLC purchased a new stake in shares of iShares MSCI Indonesia ETF in the 3rd quarter worth about $70,000. Investors Research Corp bought a new position in shares of iShares MSCI Indonesia ETF in the 2nd quarter worth about $50,000. Symphony Financial Ltd. Co. bought a new position in shares of iShares MSCI Indonesia ETF in the 2nd quarter worth about $60,000. Finally, AlphaCentric Advisors LLC purchased a new position in iShares MSCI Indonesia ETF during the 4th quarter valued at about $147,000.

iShares MSCI Indonesia ETF Price Performance

NYSEARCA:EIDO opened at $13.22 on Friday. iShares MSCI Indonesia ETF has a one year low of $10.72 and a one year high of $19.28. The company’s 50-day simple moving average is $12.34 and its 200 day simple moving average is $14.00. The firm has a market capitalization of $512.94 million, a P/E ratio of 11.90 and a beta of 0.31.

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.