VanEck Israel ETF (NYSEARCA:ISRA) Trading Down 1.1% – Time to Sell?
by Amy Steele · The Cerbat GemVanEck Israel ETF (NYSEARCA:ISRA – Get Free Report) fell 1.1% during trading on Thursday . The company traded as low as $65.50 and last traded at $65.84. Approximately 3,002 shares changed hands during trading, a decline of 62% from the average session volume of 7,804 shares. The stock had previously closed at $66.58.
VanEck Israel ETF Trading Up 0.1%
The firm has a market capitalization of $156.82 million, a P/E ratio of 14.88 and a beta of 1.02. The business has a 50 day moving average of $65.86 and a 200-day moving average of $65.27.
Hedge Funds Weigh In On VanEck Israel ETF
A number of hedge funds have recently bought and sold shares of ISRA. IFP Advisors Inc grew its stake in VanEck Israel ETF by 241.9% during the fourth quarter. IFP Advisors Inc now owns 653 shares of the company’s stock worth $38,000 after buying an additional 462 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of VanEck Israel ETF during the 4th quarter worth approximately $75,000. Mark Sheptoff Financial Planning LLC acquired a new position in VanEck Israel ETF during the fourth quarter valued at approximately $76,000. Royal Bank of Canada raised its position in VanEck Israel ETF by 42.9% during 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 in the last quarter. Finally, NCM Capital Management LLC bought a new stake in VanEck Israel ETF during the third quarter worth $205,000.
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.