EIDO had gotten a long ways away/above its 200-week moving average. Risks of a major correction, as a result, were high. It did pull back to its 200-week SMA.
Each quarter, the "big boys" in the market have to report their positions because they're so large. Once those reports are made public, it shows what stocks they're adding to or reducing their exposure in and what stocks they've recently bought or completely sold out of.