VanEck Indonesia Index ETF (NYSEARCA:IDX) Trading Up 0.5% – Time to Buy?

VanEck Indonesia Index ETF (NYSEARCA:IDX) traded up 0.5% on Wednesday . The stock traded as high as $11.22 and last traded at $11.13. 16,462 shares were traded during trading, a decline of 78% from the average session volume of 75,923 shares. The stock had previously closed at $11.08.

VanEck Indonesia Index ETF Stock Up 0.5%

The company has a market cap of $36.17 million, a P/E ratio of 11.41 and a beta of 0.32. The company has a fifty day moving average of $11.33 and a 200 day moving average of $11.91.

Institutional Investors Weigh In On VanEck Indonesia Index ETF

A number of large investors have recently made changes to their positions in IDX. Ascent Advisors LLC bought a new position in shares of VanEck Indonesia Index ETF in the 1st quarter worth approximately $658,000. Foundations Investment Advisors LLC bought a new position in VanEck Indonesia Index ETF in the fourth quarter worth approximately $848,000. Militia Capital Management LLC purchased a new position in shares of VanEck Indonesia Index ETF during the 1st quarter worth $402,000. Finally, Royal Bank of Canada boosted its stake in shares of VanEck Indonesia Index ETF by 96.1% during the 1st quarter. Royal Bank of Canada now owns 3,963 shares of the company’s stock worth $55,000 after acquiring an additional 1,942 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. The Index is the property of Market Vectors Index Solutions GmbH, which has contracted with Structured Solutions AG to maintain and calculate the Index.