Mount Lucas Management LP Takes Position in iShares MSCI Indonesia ETF (NYSEARCA:EIDO)

Mount Lucas Management LP acquired a new stake in shares of iShares MSCI Indonesia ETF (NYSEARCA:EIDO) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 39,240 shares of the company’s stock, valued at approximately $883,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Family Firm Inc. purchased a new stake in shares of iShares MSCI Indonesia ETF in the second quarter worth $81,000. AlphaCentric Advisors LLC bought a new position in shares of iShares MSCI Indonesia ETF in the third quarter worth approximately $129,000. Asahi Life Asset Management CO. LTD. purchased a new stake in shares of iShares MSCI Indonesia ETF during the third quarter valued at approximately $260,000. BNP Paribas Financial Markets increased its position in shares of iShares MSCI Indonesia ETF by 330.0% during the first quarter. BNP Paribas Financial Markets now owns 13,030 shares of the company’s stock valued at $294,000 after acquiring an additional 10,000 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of iShares MSCI Indonesia ETF during the second quarter valued at approximately $313,000.

iShares MSCI Indonesia ETF Trading Down 0.2 %

EIDO stock opened at $19.97 on Friday. The stock’s 50 day simple moving average is $21.94 and its 200 day simple moving average is $20.88. iShares MSCI Indonesia ETF has a 12-month low of $18.09 and a 12-month high of $23.61. The stock has a market capitalization of $423.36 million, a PE ratio of 10.08 and a beta of 0.55.

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.