Summit Financial LLC Grows Holdings in Vanguard FTSE Emerging Markets ETF $VWO

Summit Financial LLC increased its position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 2.4% during the 4th quarter, Holdings Channel reports. The firm owned 377,902 shares of the exchange traded fund’s stock after purchasing an additional 9,025 shares during the quarter. Summit Financial LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $20,316,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC grew its position 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 valued at $3,595,000 after acquiring an additional 27,259 shares during the period. Revolve Wealth Partners LLC bought a new position in shares of Vanguard FTSE Emerging Markets ETF during the 4th quarter valued at approximately $622,000. Russell Investments Group Ltd. grew its position in shares of Vanguard FTSE Emerging Markets ETF by 25.5% during the 2nd quarter. Russell Investments Group Ltd. now owns 14,899 shares of the exchange traded fund’s stock valued at $737,000 after acquiring an additional 3,026 shares during the period. First Trust Advisors LP grew its position in shares of Vanguard FTSE Emerging Markets ETF by 2.7% during the 2nd quarter. First Trust Advisors LP now owns 34,401 shares of the exchange traded fund’s stock valued at $1,701,000 after acquiring an additional 892 shares during the period. Finally, Marshall Wace LLP bought a new position in shares of Vanguard FTSE Emerging Markets ETF during the 2nd quarter valued at approximately $5,626,000. 67.19% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard FTSE Emerging Markets ETF Stock Up 0.8%

Vanguard FTSE Emerging Markets ETF stock opened at $59.55 on Friday. Vanguard FTSE Emerging Markets ETF has a twelve month low of $47.46 and a twelve month high of $61.35. The firm has a 50 day moving average price of $58.55 and a 200-day moving average price of $56.47. The company has a market capitalization of $121.13 billion, a P/E ratio of 15.08 and a beta of 0.59.

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.