Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) Sets New 12-Month High – Time to Buy?

Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)’s stock price reached a new 52-week high on Friday . The company traded as high as $61.54 and last traded at $61.4550, with a volume of 2502072 shares. The stock had previously closed at $60.99.

Vanguard FTSE Emerging Markets ETF Trading Up 0.6%

The firm’s 50-day moving average price is $59.50 and its two-hundred day moving average price is $58.28. The stock has a market cap of $125.99 billion, a PE ratio of 15.08 and a beta of 0.60.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in VWO. Range Advisory LLC raised its holdings in shares of Vanguard FTSE Emerging Markets ETF by 30.2% in the second quarter. Range Advisory LLC now owns 272,808 shares of the exchange traded fund’s stock worth $16,284,000 after buying an additional 63,262 shares during the last quarter. Allianz Asset Management GmbH lifted its position in Vanguard FTSE Emerging Markets ETF by 12.6% in the second quarter. Allianz Asset Management GmbH now owns 94,914 shares of the exchange traded fund’s stock valued at $5,665,000 after buying an additional 10,647 shares during the last quarter. Planning Project LLC purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF in the 2nd quarter valued at approximately $823,000. Cornerstone Financial Management LLC lifted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 2.7% in the 2nd quarter. Cornerstone Financial Management LLC now owns 26,457 shares of the exchange traded fund’s stock worth $1,579,000 after acquiring an additional 684 shares during the last quarter. Finally, Tucker Asset Management LLC purchased a new position in shares of Vanguard FTSE Emerging Markets ETF during the 2nd quarter worth approximately $187,000. 67.19% of the stock is currently owned by hedge funds and other institutional investors.

About Vanguard FTSE Emerging Markets ETF

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.