Absolute Capital Management LLC Boosts Stock Position in Vanguard FTSE Emerging Markets ETF $VWO

Absolute Capital Management LLC grew its stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 63.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 34,129 shares of the exchange traded fund’s stock after acquiring an additional 13,271 shares during the period. Absolute Capital Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $1,835,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in VWO. Brighton Jones LLC lifted its position in shares of Vanguard FTSE Emerging Markets ETF by 50.1% during the fourth quarter. Brighton Jones LLC now owns 81,641 shares of the exchange traded fund’s stock worth $3,595,000 after acquiring an additional 27,259 shares in the last quarter. Revolve Wealth Partners LLC purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF during the fourth quarter worth $622,000. Russell Investments Group Ltd. increased its holdings in Vanguard FTSE Emerging Markets ETF by 25.5% during the 2nd quarter. Russell Investments Group Ltd. now owns 14,899 shares of the exchange traded fund’s stock worth $737,000 after acquiring an additional 3,026 shares during the period. First Trust Advisors LP increased its holdings in Vanguard FTSE Emerging Markets ETF by 2.7% during the 2nd quarter. First Trust Advisors LP now owns 34,401 shares of the exchange traded fund’s stock worth $1,701,000 after acquiring an additional 892 shares during the period. Finally, Marshall Wace LLP bought a new stake in Vanguard FTSE Emerging Markets ETF during the 2nd quarter worth approximately $5,626,000. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Trading Up 2.4%

Vanguard FTSE Emerging Markets ETF stock opened at $59.10 on Friday. The firm’s 50 day simple moving average is $58.44 and its 200 day simple moving average is $56.45. The firm has a market capitalization of $120.22 billion, a PE ratio of 15.08 and a beta of 0.59. Vanguard FTSE Emerging Markets ETF has a 1-year low of $47.46 and a 1-year high of $61.35.

Vanguard FTSE Emerging Markets ETF 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.