VanEck Indonesia Index ETF (NYSEARCA:IDX) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

VanEck Indonesia Index ETF (NYSEARCA:IDX) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $16.88 and traded as low as $16.21. VanEck Indonesia Index ETF shares last traded at $16.24, with a volume of 6,907 shares.

VanEck Indonesia Index ETF Price Performance

The company has a market cap of $27.17 million, a P/E ratio of 8.00 and a beta of 0.61. The company has a fifty day simple moving average of $17.25 and a 200-day simple moving average of $16.87.

Institutional Investors Weigh In On VanEck Indonesia Index ETF

A number of institutional investors have recently bought and sold shares of the business. Jane Street Group LLC boosted its stake in shares of 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 buying an additional 6,756 shares during the period. Flow Traders U.S. LLC acquired a new stake in shares of VanEck Indonesia Index ETF during the 3rd quarter valued at $1,026,000. Finally, Primoris Wealth Advisors LLC acquired a new stake in shares of VanEck Indonesia Index ETF during the 3rd quarter valued at $1,669,000.

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.