CacheTech Inc. Purchases 55,015 Shares of VanEck Vietnam ETF $VNM

CacheTech Inc. increased its position in shares of VanEck Vietnam ETF (BATS:VNM) by 7.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 828,237 shares of the company’s stock after purchasing an additional 55,015 shares during the period. VanEck Vietnam ETF comprises about 2.8% of CacheTech Inc.’s investment portfolio, making the stock its 7th largest position. CacheTech Inc.’s holdings in VanEck Vietnam ETF were worth $14,337,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in VanEck Vietnam ETF by 60.9% during the third quarter. JPMorgan Chase & Co. now owns 381,239 shares of the company’s stock worth $6,801,000 after buying an additional 144,296 shares in the last quarter. 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 buying an additional 127,882 shares in the last quarter. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new position in shares of VanEck Vietnam ETF in the 4th quarter valued at $2,358,000. Csenge Advisory Group bought a new position in shares of VanEck Vietnam ETF during the 4th quarter worth about $663,000. Finally, Calamos Advisors LLC bought a new position in shares of VanEck Vietnam ETF during the 4th quarter worth about $795,000.

VanEck Vietnam ETF Stock Performance

Shares of VanEck Vietnam ETF stock opened at $16.93 on Wednesday. The firm’s 50-day simple moving average is $18.27 and its 200-day simple moving average is $18.41. VanEck Vietnam ETF has a twelve month low of $15.71 and a twelve month high of $19.85. The firm has a market cap of $523.14 million, a P/E ratio of 15.31 and a beta of 0.91.

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.