VanEck Israel ETF (NYSEARCA:ISRA) Stock Price Down 0.9% – What’s Next?

VanEck Israel ETF (NYSEARCA:ISRA) fell 0.9% during mid-day trading on Monday . The stock traded as low as $63.00 and last traded at $63.81. 13,387 shares were traded during mid-day trading, an increase of 7% from the average session volume of 12,473 shares. The stock had previously closed at $64.36.

VanEck Israel ETF Price Performance

The company’s fifty day moving average price is $62.94 and its 200 day moving average price is $58.07. The company has a market cap of $133.52 million, a PE ratio of 14.88 and a beta of 1.01.

Institutional Investors Weigh In On VanEck Israel ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. IFP Advisors Inc boosted its stake in shares of VanEck Israel ETF by 241.9% in the 4th quarter. IFP Advisors Inc now owns 653 shares of the company’s stock worth $38,000 after buying an additional 462 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in shares of VanEck Israel ETF by 18.3% in the third quarter. Farther Finance Advisors LLC now owns 1,207 shares of the company’s stock valued at $66,000 after acquiring an additional 187 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of VanEck Israel ETF during the fourth quarter valued at approximately $75,000. Mark Sheptoff Financial Planning LLC purchased a new stake in shares of VanEck Israel ETF during the fourth quarter valued at approximately $76,000. Finally, Jones Financial Companies Lllp lifted its holdings in VanEck Israel ETF by 56.1% during the third quarter. Jones Financial Companies Lllp now owns 1,975 shares of the company’s stock worth $104,000 after acquiring an additional 710 shares during the period.

VanEck Israel ETF Company Profile

The VanEck Israel ETF (ISRA) is an exchange-traded fund that is based on the BlueStar Israel Global index. The fund tracks a cap-weighted, committee-reviewed index of Israeli and Israeli-linked companies. ISRA was launched on Jun 25, 2013 and is managed by VanEck.