VanEck Indonesia Index ETF (NYSEARCA:IDX) Trading Down 0.5% – Here’s Why

VanEck Indonesia Index ETF (NYSEARCA:IDX)’s share price traded down 0.5% during mid-day trading on Tuesday . The company traded as low as $14.80 and last traded at $14.86. 9,808 shares changed hands during mid-day trading, a decline of 77% from the average session volume of 42,939 shares. The stock had previously closed at $14.94.

VanEck Indonesia Index ETF Trading Down 0.5 %

The stock’s 50-day moving average price is $16.54 and its 200-day moving average price is $16.83. The company has a market capitalization of $25.26 million, a P/E ratio of 8.00 and a beta of 0.61.

Hedge Funds Weigh In On VanEck Indonesia Index ETF

A number of large investors have recently bought and sold shares of the business. Primoris Wealth Advisors LLC bought a new position in shares of VanEck Indonesia Index ETF during the third quarter valued at approximately $1,669,000. Flow Traders U.S. LLC acquired a new position in VanEck Indonesia Index ETF during the 3rd quarter valued at approximately $1,026,000. Finally, Jane Street Group LLC grew 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 worth $652,000 after buying an additional 6,756 shares during 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.