VanEck Indonesia Index ETF (NYSEARCA:IDX) Shares Up 0.8% – Should You Buy?

VanEck Indonesia Index ETF (NYSEARCA:IDX)’s share price shot up 0.8% during trading on Monday . The stock traded as high as $13.78 and last traded at $13.78. 23,685 shares were traded during mid-day trading, an increase of 20% from the average session volume of 19,663 shares. The stock had previously closed at $13.67.

VanEck Indonesia Index ETF Stock Down 1.3 %

The firm has a 50 day moving average of $14.87 and a 200 day moving average of $16.46. The firm has a market cap of $23.68 million, a PE ratio of 8.00 and a beta of 0.61.

Hedge Funds Weigh In On VanEck Indonesia Index ETF

Several institutional investors have recently bought and sold shares of IDX. Primoris Wealth Advisors LLC purchased a new position in VanEck Indonesia Index ETF in the third quarter valued at approximately $1,669,000. Flow Traders U.S. LLC purchased a new stake in shares of VanEck Indonesia Index ETF during the third quarter worth $1,026,000. Jane Street Group LLC lifted 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 worth $652,000 after acquiring an additional 6,756 shares in the last quarter. SBI Securities Co. Ltd. purchased a new stake in shares of VanEck Indonesia Index ETF during the fourth quarter worth $43,000. Finally, OLD Mission Capital LLC purchased a new stake in shares of VanEck Indonesia Index ETF during the fourth quarter worth $876,000.

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.