VanEck VietnamETF (BATS:VNM) Stock Price Down 0.5% – Time to Sell?

VanEck VietnamETF (BATS:VNM)’s share price traded down 0.5% on Tuesday . The stock traded as low as $11.43 and last traded at $11.46. 402,080 shares traded hands during mid-day trading, The stock had previously closed at $11.52.

VanEck VietnamETF Stock Up 0.6 %

The company has a market cap of $462.76 million, a price-to-earnings ratio of 12.08 and a beta of 0.65. The firm has a 50-day simple moving average of $11.69 and a 200 day simple moving average of $12.08.

Institutional Investors Weigh In On VanEck VietnamETF

Hedge funds have recently made changes to their positions in the business. Jane Street Group LLC grew its position in VanEck VietnamETF by 287.4% in the 3rd quarter. Jane Street Group LLC now owns 1,721,465 shares of the company’s stock valued at $22,000,000 after buying an additional 1,277,148 shares during the last quarter. Trium Capital LLP boosted its holdings in shares of VanEck VietnamETF by 1.3% in the third quarter. Trium Capital LLP now owns 1,166,510 shares of the company’s stock valued at $14,908,000 after acquiring an additional 15,040 shares in the last quarter. Bank of Montreal Can increased its stake in shares of VanEck VietnamETF by 7,953.9% during the third quarter. Bank of Montreal Can now owns 597,603 shares of the company’s stock worth $7,649,000 after acquiring an additional 590,183 shares during the period. John G Ullman & Associates Inc. raised its holdings in VanEck VietnamETF by 122.4% during the third quarter. John G Ullman & Associates Inc. now owns 480,517 shares of the company’s stock worth $6,141,000 after purchasing an additional 264,417 shares in the last quarter. Finally, Bcwm LLC lifted its position in VanEck VietnamETF by 2.0% in the second quarter. Bcwm LLC now owns 233,702 shares of the company’s stock valued at $2,844,000 after purchasing an additional 4,658 shares during the period.

About VanEck VietnamETF

The VanEck Vietnam ETF (VNM) is an exchange-traded fund that is based on the MVIS Vietnam index, a market-cap-weighted index of Vietnamese stocks VNM was launched on Aug 14, 2009 and is managed by VanEck.