Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) Reaches New 1-Year High – Here’s What Happened

Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $61.50 and last traded at $61.41, with a volume of 596526 shares. The stock had previously closed at $60.77.

Vanguard FTSE Emerging Markets ETF Price Performance

The company has a market cap of $124.71 billion, a P/E ratio of 15.08 and a beta of 0.59. The company has a fifty day simple moving average of $59.15 and a 200-day simple moving average of $56.71.

Institutional Investors Weigh In On Vanguard FTSE Emerging Markets ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Western Wealth Management LLC lifted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 64.6% during the first quarter. Western Wealth Management LLC now owns 21,249 shares of the exchange traded fund’s stock valued at $1,148,000 after purchasing an additional 8,342 shares during the last quarter. Steelhead Wealth Management LLC purchased a new position in Vanguard FTSE Emerging Markets ETF in the 1st quarter worth about $9,253,000. Curry Webb Wealth Management LLC purchased a new position in Vanguard FTSE Emerging Markets ETF in the 1st quarter worth about $1,184,000. Rathbones Group PLC raised its holdings in Vanguard FTSE Emerging Markets ETF by 19.4% during the 1st quarter. Rathbones Group PLC now owns 210,643 shares of the exchange traded fund’s stock worth $11,385,000 after buying an additional 34,257 shares during the period. Finally, Stillwater Private Wealth LLC acquired a new stake in Vanguard FTSE Emerging Markets ETF during the 1st quarter worth about $385,000. 67.19% of the stock is owned by institutional investors and hedge funds.

Vanguard FTSE Emerging Markets ETF Company Profile

The Fund seeks to track the performance of the FTSE Emerging Markets All Cap China A Inclusion Index, that measures the return of stocks issued by companies located in emerging market countries.