VanEck Israel ETF (NYSEARCA:ISRA) Shares Up 1.2% – Time to Buy?

Shares of VanEck Israel ETF (NYSEARCA:ISRA) rose 1.2% during mid-day trading on Monday . The company traded as high as $63.81 and last traded at $63.63. Approximately 8,137 shares were traded during mid-day trading, a decline of 36% from the average daily volume of 12,678 shares. The stock had previously closed at $62.87.

VanEck Israel ETF Stock Up 1.2%

The business has a fifty day simple moving average of $61.16 and a 200-day simple moving average of $56.10. The firm has a market cap of $134.90 million, a P/E ratio of 14.88 and a beta of 1.01.

Hedge Funds Weigh In On VanEck Israel ETF

Several large investors have recently made changes to their positions in ISRA. IMA Advisory Services Inc. grew its stake in shares of VanEck Israel ETF by 0.5% in the 2nd quarter. IMA Advisory Services Inc. now owns 74,883 shares of the company’s stock worth $3,878,000 after buying an additional 386 shares during the last quarter. Tidal Investments LLC boosted its holdings in VanEck Israel ETF by 5.3% in the second 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 in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in VanEck Israel ETF by 8,950.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 40,183 shares of the company’s stock worth $2,363,000 after acquiring an additional 39,739 shares in the last quarter. Jane Street Group LLC grew its stake in shares of VanEck Israel ETF by 203.6% in the first quarter. Jane Street Group LLC now owns 21,494 shares of the company’s stock worth $907,000 after acquiring an additional 14,415 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in VanEck Israel ETF during the 3rd quarter valued at about $988,000.

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.