Shares of VanEck Vietnam ETF (BATS:VNM – Get Free Report) were down 2.1% during trading on Friday . The company traded as low as $17.13 and last traded at $17.16. 541,619 shares were traded during trading, a decline of 33% from the average daily volume of 805,759 shares. The stock had previously closed at $17.52.
VanEck Vietnam ETF Price Performance
The company has a market capitalization of $530.24 million, a price-to-earnings ratio of 15.31 and a beta of 0.91. The stock has a 50 day simple moving average of $17.69 and a two-hundred day simple moving average of $18.12.
Institutional Investors Weigh In On VanEck Vietnam ETF
Several hedge funds and other institutional investors have recently made changes to their positions in the business. CacheTech Inc. lifted its stake in VanEck Vietnam ETF by 7.1% during the first quarter. CacheTech Inc. now owns 828,237 shares of the company’s stock worth $14,337,000 after purchasing an additional 55,015 shares during the last quarter. Adams Wealth Management raised its holdings in VanEck Vietnam ETF by 113.2% during the fourth quarter. Adams Wealth Management now owns 739,568 shares of the company’s stock worth $14,111,000 after purchasing an additional 392,744 shares in the last quarter. UBS Group AG raised its holdings in VanEck Vietnam ETF by 8.9% during the third quarter. UBS Group AG now owns 502,958 shares of the company’s stock worth $8,973,000 after purchasing an additional 41,245 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of VanEck Vietnam ETF by 17.7% during the 4th quarter. JPMorgan Chase & Co. now owns 448,688 shares of the company’s stock worth $8,561,000 after buying an additional 67,449 shares during the last quarter. Finally, Black Swift Group LLC lifted its position in shares of VanEck Vietnam ETF by 181.4% during the 4th quarter. Black Swift Group LLC now owns 317,090 shares of the company’s stock worth $6,054,000 after buying an additional 204,410 shares during the last quarter.
VanEck Vietnam ETF Company Profile
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.
Read More
- Five stocks we like better than VanEck Vietnam ETF
- Sony and TSMC’s $4.7 Billion Venture Is About More Than Camera Sensors
- Quantum Leaps: Debt-Free as AI Storage Demand Accelerates
- NVIDIA’s $500 Billion GPU Financing Deal Fuels Path Toward $270
- Sandisk’s Margins Look Like Software. Can They Last?
Receive News & Ratings for VanEck Vietnam ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Vietnam ETF and related companies with MarketBeat.com's FREE daily email newsletter.
