VanEck Indonesia Index ETF (NYSEARCA:IDX) Stock Crosses Below 200-Day Moving Average – Time to Sell?

VanEck Indonesia Index ETF (NYSEARCA:IDX)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $16.88 and traded as low as $16.21. VanEck Indonesia Index ETF shares last traded at $16.24, with a volume of 6,907 shares.

VanEck Indonesia Index ETF Trading Up 0.2 %

The company’s 50 day moving average price is $17.35 and its two-hundred day moving average price is $16.88. The stock has a market cap of $27.61 million, a P/E ratio of 8.00 and a beta of 0.61.

Institutional Investors Weigh In On VanEck Indonesia Index ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Jane Street Group LLC grew its holdings in VanEck Indonesia Index ETF by 23.2% during the 3rd quarter. Jane Street Group LLC now owns 35,923 shares of the company’s stock valued at $652,000 after buying an additional 6,756 shares in the last quarter. Flow Traders U.S. LLC purchased a new stake in VanEck Indonesia Index ETF during the 3rd quarter valued at approximately $1,026,000. Finally, Primoris Wealth Advisors LLC purchased a new stake in VanEck Indonesia Index ETF during the 3rd quarter valued at approximately $1,669,000.

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.