VanEck Indonesia Index ETF (NYSEARCA:IDX) Shares Down 0.6% – Here’s Why

VanEck Indonesia Index ETF (NYSEARCA:IDX)’s stock price traded down 0.6% during mid-day trading on Wednesday . The stock traded as low as $12.44 and last traded at $12.47. 7,175 shares changed hands during trading, a decline of 85% from the average session volume of 47,340 shares. The stock had previously closed at $12.54.

VanEck Indonesia Index ETF Stock Performance

The stock has a market capitalization of $23.69 million, a P/E ratio of 9.76 and a beta of 0.84. The stock has a 50-day simple moving average of $13.43 and a 200 day simple moving average of $15.45.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in IDX. SBI Securities Co. Ltd. acquired a new position in shares of VanEck Indonesia Index ETF in the 4th quarter valued at $43,000. Jane Street Group LLC increased its holdings in VanEck Indonesia Index ETF by 23.2% in the third quarter. Jane Street Group LLC now owns 35,923 shares of the company’s stock valued at $652,000 after purchasing an additional 6,756 shares during the last quarter. OLD Mission Capital LLC bought a new stake in VanEck Indonesia Index ETF in the fourth quarter valued at about $876,000. Flow Traders U.S. LLC acquired a new position in VanEck Indonesia Index ETF in the third quarter valued at about $1,026,000. Finally, Susquehanna International Group LLP bought a new position in VanEck Indonesia Index ETF during the fourth quarter worth about $1,767,000.

About VanEck Indonesia Index ETF

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.