Flagship Harbor Advisors LLC cut its position in VanEck Africa Index ETF (NYSEARCA:AFK – Free Report) by 37.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,978 shares of the company’s stock after selling 22,306 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in VanEck Africa Index ETF were worth $1,018,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently made changes to their positions in the company. IFP Advisors Inc grew its position in shares of VanEck Africa Index ETF by 5.9% during the 2nd quarter. IFP Advisors Inc now owns 7,781 shares of the company’s stock valued at $200,000 after purchasing an additional 436 shares in the last quarter. City Center Advisors LLC increased its holdings in shares of VanEck Africa Index ETF by 8.6% in the third quarter. City Center Advisors LLC now owns 8,655 shares of the company’s stock worth $238,000 after purchasing an additional 685 shares during the period. Integrated Wealth Concepts LLC bought a new position in shares of VanEck Africa Index ETF in the second quarter worth $28,000. Apollon Wealth Management LLC raised its position in shares of VanEck Africa Index ETF by 56.2% in the first quarter. Apollon Wealth Management LLC now owns 20,057 shares of the company’s stock worth $516,000 after buying an additional 7,215 shares in the last quarter. Finally, Citadel Advisors LLC purchased a new stake in shares of VanEck Africa Index ETF in the second quarter worth $305,000.
VanEck Africa Index ETF Stock Performance
Shares of AFK stock opened at $26.40 on Thursday. The company has a market capitalization of $95.04 million, a PE ratio of 11.91 and a beta of 0.74. VanEck Africa Index ETF has a 52-week low of $23.00 and a 52-week high of $30.85. The business’s fifty day moving average is $28.04 and its 200 day moving average is $27.45.
About VanEck Africa Index ETF
The VanEck Africa Index ETF (AFK) is an exchange-traded fund that is based on the MVIS GDP Africa index, a GDP and market-cap-weighted index of companies generating a majority of their revenues in Africa. AFK was launched on Jul 10, 2008 and is managed by VanEck.
Featured Articles
- Five stocks we like better than VanEck Africa Index ETF
- Boeing Got Its MAX 10 Approval, But Q3 Delivered a Reality Check
- The Invisible AI Backbone: Corning’s AI Fiber Play
- Heavy Metal: Why Nucor Could Be an Overlooked AI Infrastructure Winner
- Why Tesla’s Upside Is About More Than a SpaceX Merger
Want to see what other hedge funds are holding AFK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Africa Index ETF (NYSEARCA:AFK – Free Report).
Receive News & Ratings for VanEck Africa Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Africa Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
