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

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

VanEck Israel ETF Trading Down 0.2%

The company has a market cap of $132.36 million, a P/E ratio of 14.88 and a beta of 1.01. The stock’s 50 day moving average is $58.89 and its 200-day moving average is $54.86.

Institutional Investors Weigh In On VanEck Israel ETF

A number of institutional investors have recently made changes to their positions in the company. Jones Financial Companies Lllp increased its position in shares of VanEck Israel ETF by 1,095.7% during the first quarter. Jones Financial Companies Lllp now owns 12,973 shares of the company’s stock valued at $547,000 after acquiring an additional 11,888 shares in the last quarter. Jane Street Group LLC boosted its stake in VanEck Israel ETF by 203.6% during the 1st quarter. Jane Street Group LLC now owns 21,494 shares of the company’s stock valued at $907,000 after purchasing an additional 14,415 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in shares of VanEck Israel ETF by 36.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,020 shares of the company’s stock worth $53,000 after purchasing an additional 270 shares in the last quarter. Bessemer Group Inc. purchased a new position in shares of VanEck Israel ETF in the second quarter worth $58,000. Finally, Analyst IMS Investment Management Services Ltd. raised 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 purchasing an additional 1,010 shares during the last quarter.

About VanEck Israel ETF

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.