IMA Advisory Services Inc. Reduces Holdings in VanEck Israel ETF $ISRA

IMA Advisory Services Inc. decreased its holdings in VanEck Israel ETF (NYSEARCA:ISRA) by 17.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 61,099 shares of the company’s stock after selling 13,046 shares during the quarter. IMA Advisory Services Inc. owned 2.88% of VanEck Israel ETF worth $3,588,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. IFP Advisors Inc boosted its holdings in shares of VanEck Israel ETF by 241.9% in the fourth quarter. IFP Advisors Inc now owns 653 shares of the company’s stock worth $38,000 after buying an additional 462 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of VanEck Israel ETF by 56.1% in the third quarter. Jones Financial Companies Lllp now owns 1,975 shares of the company’s stock worth $104,000 after buying an additional 710 shares during the last quarter. TD Waterhouse Canada Inc. boosted its holdings in shares of VanEck Israel ETF by 62.1% in the fourth quarter. TD Waterhouse Canada Inc. now owns 3,350 shares of the company’s stock worth $197,000 after buying an additional 1,283 shares during the last quarter. NCM Capital Management LLC purchased a new position in shares of VanEck Israel ETF in the third quarter worth approximately $205,000. Finally, Truist Financial Corp purchased a new position in VanEck Israel ETF during the third quarter valued at approximately $214,000.

VanEck Israel ETF Price Performance

Shares of NYSEARCA:ISRA opened at $65.05 on Monday. VanEck Israel ETF has a 1-year low of $46.00 and a 1-year high of $73.55. The company has a market capitalization of $148.31 million, a P/E ratio of 14.88 and a beta of 1.00. The firm’s 50 day simple moving average is $66.12 and its two-hundred day simple moving average is $62.96.

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.