VanEck Indonesia Index ETF (NYSEARCA:IDX) Trading Down 0.1% – Time to Sell?

VanEck Indonesia Index ETF (NYSEARCA:IDX)’s share price was down 0.1% during mid-day trading on Monday . The company traded as low as $14.97 and last traded at $15.06. Approximately 13,334 shares were traded during mid-day trading, a decline of 15% from the average daily volume of 15,758 shares. The stock had previously closed at $15.07.

VanEck Indonesia Index ETF Stock Performance

The firm has a market cap of $25.60 million, a P/E ratio of 8.00 and a beta of 0.61. The firm has a fifty day moving average of $15.51 and a 200-day moving average of $16.70.

Institutional Investors Weigh In On VanEck Indonesia Index ETF

A number of hedge funds have recently made changes to their positions in the business. Primoris Wealth Advisors LLC bought a new position in shares of VanEck Indonesia Index ETF in the third quarter valued at approximately $1,669,000. Flow Traders U.S. LLC acquired a new stake in VanEck Indonesia Index ETF in the third quarter worth approximately $1,026,000. Finally, Jane Street Group LLC boosted its stake in VanEck Indonesia Index ETF by 23.2% during the 3rd quarter. Jane Street Group LLC now owns 35,923 shares of the company’s stock valued at $652,000 after purchasing an additional 6,756 shares in the last quarter.

VanEck Indonesia Index ETF Company Profile

The Market Vectors Indonesia Index ETF (IDX) seeks, before fees and expenses, the price and yield performance of the Market Vectors Indonesia Index (the Index). The Index provides exposure to publicly traded companies that are domiciled and primarily listed in Indonesia, or that generate at least 50% of their revenues in Indonesia.