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

Shares of VanEck Indonesia Index ETF (NYSEARCA:IDX) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 trading hands.

VanEck Indonesia Index ETF Price Performance

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

Institutional Trading of VanEck Indonesia Index ETF

Large investors have recently made changes to their positions in the stock. Jane Street Group LLC boosted its stake in shares of VanEck Indonesia Index ETF by 23.2% during 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 period. Flow Traders U.S. LLC purchased a new stake in shares of VanEck Indonesia Index ETF during the third quarter valued at $1,026,000. Finally, Primoris Wealth Advisors LLC purchased a new stake in shares of VanEck Indonesia Index ETF during the third quarter valued at $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.