VanEck Israel ETF (NYSEARCA:ISRA) Trading Down 0.2% – Should You Sell?

VanEck Israel ETF (NYSEARCA:ISRA)’s share price traded down 0.2% during trading on Friday . The company traded as low as $62.77 and last traded at $63.03. 9,926 shares traded hands during mid-day trading, a decline of 28% from the average session volume of 13,830 shares. The stock had previously closed at $63.14.

VanEck Israel ETF Stock Performance

The stock’s 50-day simple moving average is $58.89 and its 200 day simple moving average is $54.83. The company has a market cap of $132.36 million, a PE ratio of 14.88 and a beta of 1.01.

Hedge Funds Weigh In On VanEck Israel ETF

Hedge funds have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp lifted its holdings in VanEck Israel ETF by 1,095.7% in the 1st quarter. Jones Financial Companies Lllp now owns 12,973 shares of the company’s stock valued at $547,000 after purchasing an additional 11,888 shares in the last quarter. Jane Street Group LLC grew its position in VanEck Israel ETF by 203.6% in the first quarter. Jane Street Group LLC now owns 21,494 shares of the company’s stock valued at $907,000 after acquiring an additional 14,415 shares in the last quarter. Farther Finance Advisors LLC boosted its position in VanEck Israel ETF by 36.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,020 shares of the company’s stock valued at $53,000 after buying an additional 270 shares during the last quarter. Bessemer Group Inc. acquired a new stake in VanEck Israel ETF during the 2nd quarter valued at approximately $58,000. Finally, Analyst IMS Investment Management Services Ltd. increased its stake in shares of VanEck Israel ETF by 11.8% in the second quarter. Analyst IMS Investment Management Services Ltd. now owns 9,541 shares of the company’s stock worth $495,000 after buying an additional 1,010 shares during the last quarter.

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.