Black Maple Capital Management LP Cuts Position in iShares MSCI Indonesia ETF $EIDO

Black Maple Capital Management LP decreased its position in shares of iShares MSCI Indonesia ETF (NYSEARCA:EIDO) by 34.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 52,104 shares of the company’s stock after selling 27,500 shares during the period. Black Maple Capital Management LP owned approximately 0.37% of iShares MSCI Indonesia ETF worth $919,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. BOCHK Asset Management Ltd purchased a new position in shares of iShares MSCI Indonesia ETF in the 2nd quarter worth about $35,000. Simplex Trading LLC bought a new stake in iShares MSCI Indonesia ETF in the 1st quarter worth approximately $40,000. Banco Bilbao Vizcaya Argentaria S.A. purchased a new stake in iShares MSCI Indonesia ETF in the second quarter worth approximately $228,000. Anthracite Investment Company Inc. bought a new position in iShares MSCI Indonesia ETF during the second quarter valued at approximately $353,000. Finally, Cresset Asset Management LLC bought a new position in iShares MSCI Indonesia ETF during the first quarter valued at approximately $398,000.

iShares MSCI Indonesia ETF Stock Performance

Shares of EIDO opened at $18.76 on Friday. iShares MSCI Indonesia ETF has a fifty-two week low of $14.20 and a fifty-two week high of $19.93. The firm has a market cap of $325.49 million, a price-to-earnings ratio of 11.90 and a beta of 0.48. The firm has a 50 day moving average price of $18.27 and a 200-day moving average price of $18.04.

About iShares MSCI Indonesia ETF

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.