VanEck Israel ETF (NYSEARCA:ISRA) Shares Up 0.3% – What’s Next?

Posted by Stephan Jacobs on Nov 12th, 2024

VanEck Israel ETF (NYSEARCA:ISRA – Get Free Report) shares shot up 0.3% during mid-day trading on Monday . The company traded as high as $41.12 and last traded at $40.99. 3,875 shares changed hands during mid-day trading, a decline of 5% from the average session volume of 4,090 shares. The stock had previously closed at $40.86.

VanEck Israel ETF Stock Performance

The stock’s fifty day moving average price is $38.72 and its 200-day moving average price is $37.26. The firm has a market cap of $79.93 million, a PE ratio of 8.54 and a beta of 1.12.

Hedge Funds Weigh In On VanEck Israel ETF

A hedge fund recently raised its stake in VanEck Israel ETF stock. Whitaker Myers Wealth Managers LTD. lifted its position in shares of VanEck Israel ETF (NYSEARCA:ISRA – Free Report) by 16.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 225,737 shares of the company’s stock after buying an additional 31,405 shares during the quarter. VanEck Israel ETF makes up 3.0% of Whitaker Myers Wealth Managers LTD.’s investment portfolio, making the stock its 11th largest position. Whitaker Myers Wealth Managers LTD. owned about 11.58% of VanEck Israel ETF worth $8,105,000 at the end of the most recent quarter.

About VanEck Israel ETF

(Get Free Report)

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.