Ascent Advisors LLC Takes Position in VanEck Indonesia Index ETF $IDX

Ascent Advisors LLC bought a new stake in shares of VanEck Indonesia Index ETF (NYSEARCA:IDX) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 51,404 shares of the company’s stock, valued at approximately $658,000. VanEck Indonesia Index ETF makes up approximately 1.0% of Ascent Advisors LLC’s holdings, making the stock its 22nd biggest position.

Several other hedge funds also recently bought and sold shares of the company. Copia Wealth Management purchased a new stake in VanEck Indonesia Index ETF in the 4th quarter worth $72,000. Susquehanna International Group LLP bought a new stake in VanEck Indonesia Index ETF during the third quarter valued at about $229,000. HRT Financial LP purchased a new position in shares of VanEck Indonesia Index ETF in the fourth quarter valued at about $389,000. Mutual Advisors LLC purchased a new position in shares of VanEck Indonesia Index ETF in the fourth quarter valued at about $451,000. Finally, LPL Financial LLC bought a new position in shares of VanEck Indonesia Index ETF in the fourth quarter worth about $594,000.

VanEck Indonesia Index ETF Stock Down 2.7%

NYSEARCA IDX opened at $10.20 on Thursday. VanEck Indonesia Index ETF has a twelve month low of $9.51 and a twelve month high of $17.55. The business has a 50-day moving average price of $11.19 and a 200-day moving average price of $13.87. The firm has a market cap of $28.56 million, a price-to-earnings ratio of 11.41 and a beta of 0.32.

VanEck Indonesia Index ETF 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.