Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) Reaches New 12-Month High – Still a Buy?

Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $55.28 and last traded at $55.28, with a volume of 433049 shares trading hands. The stock had previously closed at $54.92.

Vanguard FTSE Emerging Markets ETF Trading Up 0.5%

The firm’s 50-day moving average is $53.36 and its 200-day moving average is $49.85. The firm has a market cap of $104.34 billion, a price-to-earnings ratio of 15.08 and a beta of 0.69.

Hedge Funds Weigh In On Vanguard FTSE Emerging Markets ETF

Hedge funds have recently bought and sold shares of the company. Clayton Financial Group LLC purchased a new position in Vanguard FTSE Emerging Markets ETF during the 3rd quarter worth $26,000. Financial Gravity Companies Inc. bought a new stake in shares of Vanguard FTSE Emerging Markets ETF during the second quarter valued at about $26,000. Clarity Asset Management Inc. purchased a new position in shares of Vanguard FTSE Emerging Markets ETF during the second quarter worth about $28,000. Smallwood Wealth Investment Management LLC purchased a new stake in Vanguard FTSE Emerging Markets ETF in the first quarter worth approximately $26,000. Finally, Financial Gravity Asset Management Inc. purchased a new stake in Vanguard FTSE Emerging Markets ETF in the first quarter worth approximately $26,000. 67.19% of the stock is owned by hedge funds and other institutional investors.

Vanguard FTSE Emerging Markets ETF Company Profile

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.