VanEck Israel ETF (NYSEARCA:ISRA) Trading 2.6% Higher – Still a Buy?

VanEck Israel ETF (NYSEARCA:ISRAGet Free Report) was up 2.6% during mid-day trading on Thursday . The stock traded as high as $63.59 and last traded at $63.59. 2,035 shares changed hands during trading, a decline of 77% from the average session volume of 8,743 shares. The stock had previously closed at $61.96.

VanEck Israel ETF Stock Performance

The stock has a market cap of $151.34 million, a price-to-earnings ratio of 14.88 and a beta of 1.01. The firm’s 50-day simple moving average is $65.36 and its two-hundred day simple moving average is $64.55.

Institutional Trading of VanEck Israel ETF

A number of hedge funds and other institutional investors have recently modified their holdings of ISRA. Ascent Advisors LLC bought a new position in VanEck Israel ETF in the first quarter valued at about $4,949,000. IMA Advisory Services Inc. grew its holdings in VanEck Israel ETF by 0.8% during the 1st quarter. IMA Advisory Services Inc. now owns 61,616 shares of the company’s stock worth $3,721,000 after acquiring an additional 517 shares during the period. Tidal Investments LLC grew its holdings in VanEck Israel ETF by 5.3% during the 2nd quarter. Tidal Investments LLC now owns 51,144 shares of the company’s stock worth $2,651,000 after acquiring an additional 2,563 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of VanEck Israel ETF by 8,950.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 40,183 shares of the company’s stock valued at $2,363,000 after acquiring an additional 39,739 shares during the last quarter. Finally, Jane Street Group LLC raised its position in shares of VanEck Israel ETF by 203.6% during the 1st quarter. Jane Street Group LLC now owns 21,494 shares of the company’s stock valued at $907,000 after acquiring an additional 14,415 shares during the last quarter.

About VanEck Israel ETF

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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.

Further Reading

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