JPMorgan Chase & Co. Purchases 144,296 Shares of VanEck Vietnam ETF $VNM

JPMorgan Chase & Co. increased its position in VanEck Vietnam ETF (BATS:VNM) by 60.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 381,239 shares of the company’s stock after purchasing an additional 144,296 shares during the period. JPMorgan Chase & Co. owned 1.23% of VanEck Vietnam ETF worth $6,801,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in VNM. Black Swift Group LLC bought a new stake in shares of VanEck Vietnam ETF during the 3rd quarter valued at $2,010,000. Centiva Capital LP bought a new position in shares of VanEck Vietnam ETF in the 3rd quarter worth about $2,285,000. Natixis increased its stake in shares of VanEck Vietnam ETF by 51.5% in the 2nd quarter. Natixis now owns 120,745 shares of the company’s stock worth $1,661,000 after acquiring an additional 41,053 shares in the last quarter. Financially Speaking Inc purchased a new position in VanEck Vietnam ETF during the 3rd quarter valued at about $1,757,000. Finally, Pekin Hardy Strauss Inc. purchased a new position in VanEck Vietnam ETF during the 3rd quarter valued at about $2,004,000.

VanEck Vietnam ETF Price Performance

BATS:VNM opened at $17.31 on Wednesday. The firm has a market capitalization of $534.88 million, a P/E ratio of 15.31 and a beta of 0.91. VanEck Vietnam ETF has a one year low of $10.10 and a one year high of $19.85. The company’s 50-day simple moving average is $18.10 and its 200 day simple moving average is $18.23.

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.