VanEck Israel ETF (NYSEARCA:ISRA) Trading Down 0.4% – Here’s What Happened

VanEck Israel ETF (NYSEARCA:ISRA) traded down 0.4% on Thursday . The company traded as low as $43.61 and last traded at $43.82. 3,202 shares traded hands during mid-day trading, a decline of 12% from the average session volume of 3,620 shares. The stock had previously closed at $44.00.

VanEck Israel ETF Price Performance

The firm has a 50-day moving average of $42.82 and a 200-day moving average of $39.52. The stock has a market cap of $84.28 million, a PE ratio of 8.54 and a beta of 1.12.

Institutional Investors Weigh In On VanEck Israel ETF

A hedge fund recently raised its stake in VanEck Israel ETF stock. Whitaker Myers Wealth Managers LTD. boosted its stake in shares of VanEck Israel ETF (NYSEARCA:ISRA) by 8.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 245,107 shares of the company’s stock after acquiring an additional 19,370 shares during the period. VanEck Israel ETF accounts for 3.2% of Whitaker Myers Wealth Managers LTD.’s portfolio, making the stock its 10th largest holding. Whitaker Myers Wealth Managers LTD. owned approximately 12.57% of VanEck Israel ETF worth $9,593,000 as of its most recent filing with the SEC.

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.