VanEck Indonesia Index ETF (NYSEARCA:IDX) Trading 0.1% Higher – Still a Buy?

VanEck Indonesia Index ETF (NYSEARCA:IDX)’s share price traded up 0.1% during mid-day trading on Friday . The stock traded as high as $17.25 and last traded at $17.21. 45,026 shares were traded during mid-day trading, an increase of 47% from the average session volume of 30,633 shares. The stock had previously closed at $17.20.

VanEck Indonesia Index ETF Stock Performance

The company has a market cap of $38.72 million, a PE ratio of 11.41 and a beta of 0.48. The company has a 50 day simple moving average of $16.72 and a two-hundred day simple moving average of $15.89.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in VanEck Indonesia Index ETF stock. Susquehanna International Group LLP bought a new position in VanEck Indonesia Index ETF (NYSEARCA:IDX) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 14,212 shares of the company’s stock, valued at approximately $229,000. Susquehanna International Group LLP owned approximately 0.63% of VanEck Indonesia Index ETF as of its most recent SEC filing.

VanEck Indonesia Index ETF Company Profile

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.