VanEck Israel ETF (NYSEARCA:ISRA) Trading Up 0.3% – Here’s What Happened

VanEck Israel ETF (NYSEARCA:ISRA)’s share price rose 0.3% during trading on Monday . The company traded as high as $41.12 and last traded at $40.99. Approximately 3,875 shares changed hands during mid-day trading, a decline of 5% from the average daily volume of 4,090 shares. The stock had previously closed at $40.86.

VanEck Israel ETF Stock Performance

The firm has a market capitalization of $80.34 million, a price-to-earnings ratio of 8.54 and a beta of 1.12. The company has a 50 day moving average price of $38.82 and a two-hundred day moving average price of $37.35.

Institutional Investors Weigh In On VanEck Israel ETF

A hedge fund recently raised its stake in VanEck Israel ETF stock. Syntrinsic LLC lifted its position in VanEck Israel ETF (NYSEARCA:ISRA) by 4.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 78,274 shares of the company’s stock after acquiring an additional 3,646 shares during the period. VanEck Israel ETF accounts for 0.9% of Syntrinsic LLC’s holdings, making the stock its 12th largest position. Syntrinsic LLC owned about 4.01% of VanEck Israel ETF worth $2,808,000 at the end of the most recent quarter.

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.