VanEck Israel ETF (NYSEARCA:ISRA) Stock Jumps 0.1% – Here’s What Happened

VanEck Israel ETF (NYSEARCA:ISRA) shares traded up 0.1% during mid-day trading on Thursday. The company traded as high as $66.85 and last traded at $66.74. 8,944 shares changed hands during trading, an increase of 21% from the average session volume of 7,416 shares. The stock had previously closed at $66.67.

VanEck Israel ETF Stock Up 0.1%

The stock has a 50 day moving average of $66.58 and a 200 day moving average of $65.71. The company has a market capitalization of $158.84 million, a price-to-earnings ratio of 14.88 and a beta of 1.02.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of ISRA. Ascent Advisors LLC bought a new stake in shares of VanEck Israel ETF in the 1st quarter valued at $4,949,000. IMA Advisory Services Inc. raised its stake in VanEck Israel ETF by 0.8% during the first quarter. IMA Advisory Services Inc. now owns 61,616 shares of the company’s stock worth $3,721,000 after buying an additional 517 shares during the last quarter. Common Fund For Nonprofit Organizations lifted its holdings in VanEck Israel ETF by 1.4% in the fourth quarter. Common Fund For Nonprofit Organizations now owns 18,518 shares of the company’s stock valued at $1,089,000 after buying an additional 263 shares during the period. Bank of America Corp DE lifted its holdings in VanEck Israel ETF by 2.1% in the first quarter. Bank of America Corp DE now owns 13,979 shares of the company’s stock valued at $845,000 after buying an additional 285 shares during the period. Finally, TD Waterhouse Canada Inc. lifted its holdings in VanEck Israel ETF by 39.4% in the second quarter. TD Waterhouse Canada Inc. now owns 10,113 shares of the company’s stock valued at $660,000 after buying an additional 2,859 shares during the period.

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.