Envestnet Portfolio Solutions Inc. Sells 619,832 Shares of Vanguard FTSE Emerging Markets ETF $VWO

Envestnet Portfolio Solutions Inc. lessened its position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 10.8% in the second quarter, HoldingsChannel.com reports. The fund owned 5,144,239 shares of the exchange traded fund’s stock after selling 619,832 shares during the period. Vanguard FTSE Emerging Markets ETF comprises approximately 0.9% of Envestnet Portfolio Solutions Inc.’s portfolio, making the stock its 24th biggest holding. Envestnet Portfolio Solutions Inc.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $254,434,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Smallwood Wealth Investment Management LLC bought a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 1st quarter worth approximately $26,000. Financial Gravity Asset Management Inc. bought a new position in Vanguard FTSE Emerging Markets ETF in the 1st quarter valued at approximately $26,000. Bulwark Capital Corp bought a new position in Vanguard FTSE Emerging Markets ETF in the 2nd quarter valued at approximately $30,000. Financial Management Professionals Inc. lifted its stake in Vanguard FTSE Emerging Markets ETF by 86.1% in the 2nd quarter. Financial Management Professionals Inc. now owns 644 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 298 shares during the last quarter. Finally, Reyes Financial Architecture Inc. lifted its stake in Vanguard FTSE Emerging Markets ETF by 825.0% in the 1st quarter. Reyes Financial Architecture Inc. now owns 666 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 594 shares during the last quarter. Institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Price Performance

Shares of NYSEARCA:VWO opened at $52.54 on Monday. The company has a market cap of $99.35 billion, a price-to-earnings ratio of 15.08 and a beta of 0.69. The firm has a 50 day simple moving average of $52.63 and a 200 day simple moving average of $49.11. Vanguard FTSE Emerging Markets ETF has a one year low of $39.53 and a one year high of $55.19.

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.