Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) Sets New 1-Year High – Here’s Why

Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) hit a new 52-week high during trading on Friday . The stock traded as high as $61.54 and last traded at $61.4550, with a volume of 2502072 shares. The stock had previously closed at $60.99.

Vanguard FTSE Emerging Markets ETF Trading Up 0.7%

The stock has a fifty day simple moving average of $59.56 and a two-hundred day simple moving average of $58.30. The firm has a market cap of $126.14 billion, a PE ratio of 15.08 and a beta of 0.60.

Hedge Funds Weigh In On Vanguard FTSE Emerging Markets ETF

Hedge funds have recently bought and sold shares of the company. TOP Private Wealth LLC. bought a new stake in Vanguard FTSE Emerging Markets ETF during the 2nd quarter worth approximately $25,000. Scarborough Advisors LLC bought a new position in Vanguard FTSE Emerging Markets ETF in the 1st quarter valued at $26,000. Miller Capital Partners Inc. purchased a new position in shares of Vanguard FTSE Emerging Markets ETF during the 4th quarter valued at $28,000. Darwin Wealth Management LLC grew its position in shares of Vanguard FTSE Emerging Markets ETF by 383.9% during the 1st quarter. Darwin Wealth Management LLC now owns 600 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 476 shares in the last quarter. Finally, North Ridge Wealth Advisors Inc. grew its position in shares of Vanguard FTSE Emerging Markets ETF by 353.8% during the 2nd quarter. North Ridge Wealth Advisors Inc. now owns 658 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 513 shares in the last quarter. Hedge funds and other institutional investors own 67.19% of the company’s stock.

About Vanguard FTSE Emerging Markets ETF

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.