Bank of America Corp DE Cuts Stock Position in VanEck Indonesia Index ETF (NYSEARCA:IDX)

Bank of America Corp DE lessened its position in VanEck Indonesia Index ETF (NYSEARCA:IDX) by 72.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,508 shares of the company’s stock after selling 19,717 shares during the quarter. Bank of America Corp DE owned approximately 0.44% of VanEck Indonesia Index ETF worth $111,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. SBI Securities Co. Ltd. purchased a new stake in shares of VanEck Indonesia Index ETF in the 4th quarter valued at $43,000. Jane Street Group LLC raised its holdings in shares of VanEck Indonesia Index ETF by 56.6% in the 4th quarter. Jane Street Group LLC now owns 56,245 shares of the company’s stock valued at $832,000 after buying an additional 20,322 shares during the period. OLD Mission Capital LLC purchased a new stake in shares of VanEck Indonesia Index ETF in the 4th quarter valued at $876,000. Finally, Susquehanna International Group LLP purchased a new stake in shares of VanEck Indonesia Index ETF in the 4th quarter valued at $1,767,000.

VanEck Indonesia Index ETF Price Performance

Shares of NYSEARCA IDX opened at $14.89 on Tuesday. The stock’s 50-day moving average is $13.84 and its two-hundred day moving average is $14.03. VanEck Indonesia Index ETF has a 1-year low of $10.93 and a 1-year high of $19.10. The company has a market cap of $32.76 million, a price-to-earnings ratio of 11.13 and a beta of 0.54.

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.