VanEck Israel ETF (NYSEARCA:ISRA) Shares Down 0.4% – Time to Sell?

VanEck Israel ETF (NYSEARCA:ISRA)’s share price was down 0.4% on Thursday . The company traded as low as $43.61 and last traded at $43.82. Approximately 3,202 shares were traded during trading, a decline of 12% from the average daily volume of 3,620 shares. The stock had previously closed at $44.00.

VanEck Israel ETF Trading Down 1.4 %

The stock has a market capitalization of $84.28 million, a P/E ratio of 8.54 and a beta of 1.12. The company has a 50-day moving average price of $42.82 and a two-hundred day moving average price of $39.52.

Institutional Investors Weigh In On VanEck Israel ETF

An institutional investor recently raised its position in VanEck Israel ETF stock. Syntrinsic LLC lifted its stake in shares of VanEck Israel ETF (NYSEARCA:ISRA) by 4.9% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 78,274 shares of the company’s stock after buying an additional 3,646 shares during the quarter. VanEck Israel ETF comprises approximately 0.9% of Syntrinsic LLC’s investment portfolio, making the stock its 12th largest holding. Syntrinsic LLC owned about 4.01% of VanEck Israel ETF worth $2,808,000 as of its most recent SEC filing.

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.