IFP Advisors Inc Sells 15,315 Shares of Vanguard FTSE Emerging Markets ETF $VWO

IFP Advisors Inc cut its stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 14.0% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 94,067 shares of the exchange traded fund’s stock after selling 15,315 shares during the period. IFP Advisors Inc’s holdings in Vanguard FTSE Emerging Markets ETF were worth $4,653,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Smallwood Wealth Investment Management LLC bought a new stake in shares of Vanguard FTSE Emerging Markets ETF during the first quarter valued at about $26,000. Financial Gravity Asset Management Inc. bought a new stake in shares of Vanguard FTSE Emerging Markets ETF during the first quarter valued at about $26,000. Reyes Financial Architecture Inc. increased its position in shares of Vanguard FTSE Emerging Markets ETF by 825.0% during the first quarter. Reyes Financial Architecture Inc. now owns 666 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 594 shares during the period. Bulwark Capital Corp bought a new stake in shares of Vanguard FTSE Emerging Markets ETF during the second quarter valued at about $30,000. Finally, Accredited Wealth Management LLC increased its position in shares of Vanguard FTSE Emerging Markets ETF by 250.0% during the first quarter. Accredited Wealth Management LLC now owns 700 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 500 shares during the period. 67.19% of the stock is currently owned by institutional investors.

Vanguard FTSE Emerging Markets ETF Stock Down 3.6%

Shares of VWO opened at $52.54 on Friday. The business’s 50-day moving average price is $52.63 and its 200-day moving average price is $49.06. Vanguard FTSE Emerging Markets ETF has a twelve month low of $39.53 and a twelve month high of $55.19. The stock has a market cap of $99.35 billion, a PE ratio of 15.08 and a beta of 0.69.

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.