VanEck Indonesia Index ETF (NYSEARCA:IDX) Stock Price Up 0.5% – Here’s What Happened

VanEck Indonesia Index ETF (NYSEARCA:IDX) was up 0.5% during trading on Wednesday . The company traded as high as $11.22 and last traded at $11.13. 16,462 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 75,923 shares. The stock had previously closed at $11.08.

VanEck Indonesia Index ETF Stock Performance

The firm’s fifty day simple moving average is $11.33 and its 200 day simple moving average is $11.91. The firm has a market cap of $36.17 million, a P/E ratio of 11.41 and a beta of 0.32.

Hedge Funds Weigh In On VanEck Indonesia Index ETF

Institutional investors have recently bought and sold shares of the business. Foundations Investment Advisors LLC purchased a new position in VanEck Indonesia Index ETF in the fourth quarter worth about $848,000. Ascent Advisors LLC bought a new stake in shares of VanEck Indonesia Index ETF in the 1st quarter valued at approximately $658,000. Militia Capital Management LLC bought a new stake in shares of VanEck Indonesia Index ETF in the 1st quarter valued at approximately $402,000. Finally, Royal Bank of Canada boosted its stake in VanEck Indonesia Index ETF by 96.1% during the first quarter. Royal Bank of Canada now owns 3,963 shares of the company’s stock worth $55,000 after buying an additional 1,942 shares during the period.

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. The Index is the property of Market Vectors Index Solutions GmbH, which has contracted with Structured Solutions AG to maintain and calculate the Index.