VanEck Israel ETF (NYSEARCA:ISRA) Shares Down 1.6% – What’s Next?

VanEck Israel ETF (NYSEARCA:ISRA) shares traded down 1.6% during mid-day trading on Thursday . The stock traded as low as $65.74 and last traded at $65.82. Approximately 1,979 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 8,174 shares. The stock had previously closed at $66.87.

VanEck Israel ETF Price Performance

The stock has a market capitalization of $158.82 million, a PE ratio of 14.88 and a beta of 1.02. The stock’s fifty day moving average is $64.98 and its 200-day moving average is $64.93.

Institutional Investors Weigh In On VanEck Israel ETF

A number of institutional investors have recently added to or reduced their stakes in ISRA. TD Waterhouse Canada Inc. raised its position in VanEck Israel ETF by 39.4% during the second quarter. TD Waterhouse Canada Inc. now owns 10,113 shares of the company’s stock worth $660,000 after acquiring an additional 2,859 shares during the period. Bank of America Corp DE grew its position in shares of VanEck Israel ETF by 2.1% in the first quarter. Bank of America Corp DE now owns 13,979 shares of the company’s stock valued at $845,000 after purchasing an additional 285 shares during the period. Royal Bank of Canada grew its position in shares of VanEck Israel ETF by 42.9% in the first quarter. Royal Bank of Canada now owns 1,699 shares of the company’s stock valued at $103,000 after purchasing an additional 510 shares during the period. IMA Advisory Services Inc. increased its stake in shares of VanEck Israel ETF by 0.8% during the first quarter. IMA Advisory Services Inc. now owns 61,616 shares of the company’s stock worth $3,721,000 after purchasing an additional 517 shares in the last quarter. Finally, Ascent Advisors LLC acquired a new position in shares of VanEck Israel ETF during the 1st quarter worth about $4,949,000.

VanEck Israel ETF Company Profile

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.