VanEck Indonesia Index ETF (NYSEARCA:IDX) Stock Price Down 1.8% – What’s Next?

VanEck Indonesia Index ETF (NYSEARCA:IDX) dropped 1.8% during mid-day trading on Tuesday . The stock traded as low as $12.78 and last traded at $12.84. Approximately 18,758 shares traded hands during mid-day trading, a decline of 26% from the average daily volume of 25,349 shares. The stock had previously closed at $13.07.

VanEck Indonesia Index ETF Price Performance

The company has a market capitalization of $24.40 million, a P/E ratio of 10.15 and a beta of 0.84. The company has a 50 day moving average of $14.22 and a 200-day moving average of $16.09.

Institutional Trading of VanEck Indonesia Index ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. SBI Securities Co. Ltd. bought a new position in VanEck Indonesia Index ETF in the 4th quarter worth $43,000. Jane Street Group LLC increased its position in shares of VanEck Indonesia Index ETF by 23.2% during the third 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 bought a new position in VanEck Indonesia Index ETF in the third quarter worth about $1,026,000. OLD Mission Capital LLC purchased a new stake in VanEck Indonesia Index ETF in the fourth quarter worth about $876,000. Finally, Susquehanna International Group LLP bought a new stake in VanEck Indonesia Index ETF during the 4th quarter valued at approximately $1,767,000.

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.