65,137 Shares in Vanguard FTSE Emerging Markets ETF $VWO Bought by Summitas Investment Management LLC

Summitas Investment Management LLC purchased a new stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 65,137 shares of the exchange traded fund’s stock, valued at approximately $3,521,000. Vanguard FTSE Emerging Markets ETF comprises about 2.8% of Summitas Investment Management LLC’s holdings, making the stock its 8th biggest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. First Trust Advisors LP lifted its stake in Vanguard FTSE Emerging Markets ETF by 1.9% during the 1st quarter. First Trust Advisors LP now owns 40,903 shares of the exchange traded fund’s stock valued at $2,211,000 after acquiring an additional 759 shares in the last quarter. Marin Bay Wealth Advisors LLC purchased a new position in Vanguard FTSE Emerging Markets ETF during the 1st quarter worth $827,000. Cadence Wealth Management LLC grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 4.3% in the 1st quarter. Cadence Wealth Management LLC now owns 66,422 shares of the exchange traded fund’s stock worth $3,590,000 after acquiring an additional 2,747 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 2.2% in the 1st quarter. PNC Financial Services Group Inc. now owns 10,454,119 shares of the exchange traded fund’s stock worth $565,045,000 after acquiring an additional 222,844 shares in the last quarter. Finally, Stephens Greth Foundation raised its holdings in shares of Vanguard FTSE Emerging Markets ETF by 384.0% in the first quarter. Stephens Greth Foundation now owns 446,625 shares of the exchange traded fund’s stock valued at $24,140,000 after purchasing an additional 354,355 shares during the last quarter. 67.19% of the stock is owned by hedge funds and other institutional investors.

Vanguard FTSE Emerging Markets ETF Price Performance

Shares of VWO stock opened at $58.86 on Wednesday. The firm has a 50-day moving average of $59.35 and a 200-day moving average of $57.54. Vanguard FTSE Emerging Markets ETF has a one year low of $49.37 and a one year high of $61.51. The company has a market cap of $120.85 billion, a P/E ratio of 15.08 and a beta of 0.59.

Vanguard FTSE Emerging Markets ETF 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.