Hsbc Holdings PLC Has $6.02 Million Stake in iShares MSCI Indonesia ETF (NYSEARCA:EIDO)

Hsbc Holdings PLC reduced its stake in iShares MSCI Indonesia ETF (NYSEARCA:EIDO) by 34.0% during the second quarter, HoldingsChannel reports. The firm owned 312,573 shares of the company’s stock after selling 160,931 shares during the quarter. Hsbc Holdings PLC’s holdings in iShares MSCI Indonesia ETF were worth $6,024,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Family Firm Inc. bought a new stake in iShares MSCI Indonesia ETF during the 2nd quarter worth $81,000. BNP Paribas Financial Markets boosted its stake 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 purchasing an additional 10,000 shares in the last quarter. Asahi Life Asset Management CO. LTD. grew its holdings in shares of iShares MSCI Indonesia ETF by 24.9% during the fourth quarter. Asahi Life Asset Management CO. LTD. now owns 13,490 shares of the company’s stock worth $301,000 after purchasing an additional 2,690 shares during the last quarter. SG Americas Securities LLC acquired a new position in shares of iShares MSCI Indonesia ETF in the second quarter valued at approximately $313,000. Finally, Smith Group Asset Management LLC raised its holdings in iShares MSCI Indonesia ETF by 30.6% in the 1st quarter. Smith Group Asset Management LLC now owns 14,736 shares of the company’s stock valued at $332,000 after buying an additional 3,456 shares during the last quarter.

iShares MSCI Indonesia ETF Price Performance

EIDO opened at $23.44 on Tuesday. iShares MSCI Indonesia ETF has a fifty-two week low of $18.09 and a fifty-two week high of $23.51. The company’s 50 day moving average price is $21.27 and its two-hundred day moving average price is $20.92. The firm has a market capitalization of $496.82 million, a price-to-earnings ratio of 10.08 and a beta of 0.55.

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.