Arrowpoint Investment Partners Singapore Pte. Ltd. Invests $2.36 Million in VanEck Vietnam ETF $VNM

Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new position in VanEck Vietnam ETF (BATS:VNM) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 123,564 shares of the company’s stock, valued at approximately $2,358,000. VanEck Vietnam ETF accounts for approximately 0.3% of Arrowpoint Investment Partners Singapore Pte. Ltd.’s holdings, making the stock its 24th biggest position. Arrowpoint Investment Partners Singapore Pte. Ltd. owned about 0.40% of VanEck Vietnam ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in VNM. Goldman Sachs Group Inc. purchased a new position in VanEck Vietnam ETF in the fourth quarter valued at approximately $191,000. Black Swift Group LLC raised its stake in shares of VanEck Vietnam ETF by 181.4% in the 4th quarter. Black Swift Group LLC now owns 317,090 shares of the company’s stock valued at $6,054,000 after acquiring an additional 204,410 shares during the period. Bleakley Financial Group LLC raised its stake in shares of VanEck Vietnam ETF by 96.9% in the 4th quarter. Bleakley Financial Group LLC now owns 259,882 shares of the company’s stock valued at $4,959,000 after acquiring an additional 127,882 shares during the period. Wiser Advisor Group LLC boosted its position in VanEck Vietnam ETF by 21.3% during the 4th quarter. Wiser Advisor Group LLC now owns 11,370 shares of the company’s stock worth $217,000 after purchasing an additional 2,000 shares during the period. Finally, Private Wealth Advisors LLC boosted its position in VanEck Vietnam ETF by 0.6% during the 4th quarter. Private Wealth Advisors LLC now owns 98,903 shares of the company’s stock worth $1,887,000 after purchasing an additional 579 shares during the period.

VanEck Vietnam ETF Stock Performance

Shares of BATS:VNM opened at $18.25 on Friday. The business’s 50-day simple moving average is $18.54 and its 200 day simple moving average is $18.47. The company has a market cap of $563.93 million, a P/E ratio of 15.31 and a beta of 0.91. VanEck Vietnam ETF has a one year low of $13.02 and a one year high of $19.85.

VanEck Vietnam ETF 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.