PAX Financial Group LLC Reduces Stock Holdings in Vanguard FTSE Emerging Markets ETF $VWO

PAX Financial Group LLC reduced its position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 78.8% in the first quarter, HoldingsChannel reports. The firm owned 11,911 shares of the exchange traded fund’s stock after selling 44,141 shares during the quarter. PAX Financial Group LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $644,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC boosted its stake in shares of Vanguard FTSE Emerging Markets ETF by 50.1% during the 4th quarter. Brighton Jones LLC now owns 81,641 shares of the exchange traded fund’s stock worth $3,595,000 after acquiring an additional 27,259 shares during the last quarter. Revolve Wealth Partners LLC purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF in the 4th quarter worth $622,000. Russell Investments Group Ltd. increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 25.5% in the 2nd quarter. Russell Investments Group Ltd. now owns 14,899 shares of the exchange traded fund’s stock worth $737,000 after purchasing an additional 3,026 shares in the last quarter. First Trust Advisors LP raised its holdings in Vanguard FTSE Emerging Markets ETF by 2.7% in the 2nd quarter. First Trust Advisors LP now owns 34,401 shares of the exchange traded fund’s stock worth $1,701,000 after purchasing an additional 892 shares during the period. Finally, Marshall Wace LLP bought a new position in Vanguard FTSE Emerging Markets ETF in the 2nd quarter worth $5,626,000. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Performance

NYSEARCA VWO opened at $59.04 on Friday. The company has a market capitalization of $120.37 billion, a PE ratio of 15.08 and a beta of 0.59. The business’s fifty day moving average is $59.42 and its 200 day moving average is $57.05. Vanguard FTSE Emerging Markets ETF has a fifty-two week low of $49.36 and a fifty-two week high of $61.51.

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.