VanEck VietnamETF (BATS:VNM) Shares Sold by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. trimmed its position in shares of VanEck VietnamETF (BATS:VNM) by 11.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,403 shares of the company’s stock after selling 4,592 shares during the period. Raymond James Financial Services Advisors Inc. owned approximately 0.09% of VanEck VietnamETF worth $470,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Comerica Bank acquired a new position in VanEck VietnamETF during the third quarter worth $40,000. IFP Advisors Inc increased its position in shares of VanEck VietnamETF by 4,350.0% during the second quarter. IFP Advisors Inc now owns 4,450 shares of the company’s stock worth $59,000 after acquiring an additional 4,350 shares during the period. Advisors Preferred LLC purchased a new stake in shares of VanEck VietnamETF during the third quarter worth $118,000. Creative Planning purchased a new stake in shares of VanEck VietnamETF during the third quarter worth $150,000. Finally, Two Sigma Securities LLC purchased a new stake in shares of VanEck VietnamETF during the second quarter worth $150,000.

VanEck VietnamETF Stock Down 2.4 %

VanEck VietnamETF stock opened at $11.85 on Friday. The stock’s fifty day moving average is $13.32 and its two-hundred day moving average is $13.10. The stock has a market capitalization of $482.30 million, a price-to-earnings ratio of 12.44 and a beta of 0.59.

About VanEck VietnamETF

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.