120,446 iShares MSCI Indonesia ETF $EIDO Shares Sold by Cowa LLC

Cowa LLC lowered its stake in iShares MSCI Indonesia ETF (NYSEARCA:EIDO) by 63.4% in the third quarter, Holdings Channel.com reports. The institutional investor owned 69,483 shares of the company’s stock after selling 120,446 shares during the quarter. Cowa LLC’s holdings in iShares MSCI Indonesia ETF were worth $815,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Investors Research Corp acquired a new position in iShares MSCI Indonesia ETF during the 2nd quarter worth approximately $50,000. Symphony Financial Ltd. Co. purchased a new position in iShares MSCI Indonesia ETF in the 2nd quarter worth approximately $60,000. Integrated Advisors Network LLC acquired a new stake in iShares MSCI Indonesia ETF in the third quarter valued at approximately $60,000. Diversify Advisory Services LLC acquired a new stake in iShares MSCI Indonesia ETF in the third quarter valued at approximately $67,000. Finally, Sowell Financial Services LLC purchased a new stake in shares of iShares MSCI Indonesia ETF during the third quarter valued at approximately $70,000.

iShares MSCI Indonesia ETF Trading Up 2.0%

NYSEARCA EIDO opened at $9.85 on Thursday. The company’s fifty day simple moving average is $11.73 and its 200-day simple moving average is $13.89. iShares MSCI Indonesia ETF has a 52 week low of $9.61 and a 52 week high of $19.28. The stock has a market cap of $372.82 million, a P/E ratio of 11.90 and a beta of 0.32.

iShares MSCI Indonesia ETF Company 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.