UBS Group AG Lowers Holdings in VanEck Vietnam ETF $VNM

UBS Group AG trimmed its position in VanEck Vietnam ETF (BATS:VNM) by 54.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 230,930 shares of the company’s stock after selling 272,028 shares during the quarter. UBS Group AG’s holdings in VanEck Vietnam ETF were worth $4,406,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in VNM. Comerica Bank lifted its holdings in shares of VanEck Vietnam ETF by 375.4% in the 1st quarter. Comerica Bank now owns 6,342 shares of the company’s stock worth $79,000 after buying an additional 5,008 shares during the period. Amundi lifted its stake in shares of VanEck Vietnam ETF by 4.9% during the 1st quarter. Amundi now owns 38,200 shares of the company’s stock worth $435,000 after purchasing an additional 1,800 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of VanEck Vietnam ETF by 55.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 236,943 shares of the company’s stock worth $3,258,000 after purchasing an additional 84,991 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of VanEck Vietnam ETF by 1.6% during the 2nd quarter. Jane Street Group LLC now owns 296,081 shares of the company’s stock worth $4,071,000 after purchasing an additional 4,700 shares during the last quarter. Finally, Man Group plc lifted its stake in shares of VanEck Vietnam ETF by 126.6% during the 2nd quarter. Man Group plc now owns 273,347 shares of the company’s stock worth $3,759,000 after purchasing an additional 152,743 shares during the last quarter.

VanEck Vietnam ETF Price Performance

Shares of BATS VNM opened at $18.75 on Friday. The stock has a market capitalization of $579.38 million, a P/E ratio of 15.31 and a beta of 0.91. VanEck Vietnam ETF has a 1-year low of $13.02 and a 1-year high of $19.85. The business has a fifty day moving average price of $18.23 and a 200 day moving average price of $18.38.

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.