VanEck Indonesia Index ETF (NYSEARCA:IDX) Stock Price Down 0.5% – Should You Sell?

Shares of VanEck Indonesia Index ETF (NYSEARCA:IDX) dropped 0.5% on Tuesday . The company traded as low as $14.80 and last traded at $14.86. Approximately 9,808 shares were traded during trading, a decline of 77% from the average daily volume of 42,939 shares. The stock had previously closed at $14.94.

VanEck Indonesia Index ETF Stock Down 0.5 %

The stock’s fifty day simple moving average is $16.54 and its 200-day simple moving average is $16.83. The company has a market capitalization of $25.26 million, a PE ratio of 8.00 and a beta of 0.61.

Institutional Trading of VanEck Indonesia Index ETF

Several large investors have recently modified their holdings of the business. Primoris Wealth Advisors LLC purchased a new stake in VanEck Indonesia Index ETF during the 3rd quarter worth about $1,669,000. Flow Traders U.S. LLC purchased a new position in VanEck Indonesia Index ETF in the 3rd quarter valued at about $1,026,000. Finally, Jane Street Group LLC boosted its stake in shares of VanEck Indonesia Index ETF by 23.2% during the 3rd quarter. Jane Street Group LLC now owns 35,923 shares of the company’s stock worth $652,000 after purchasing an additional 6,756 shares during the last quarter.

About VanEck Indonesia Index ETF

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.