65,137 Shares in Vanguard FTSE Emerging Markets ETF $VWO Bought by Summitas Investment Management LLC

Summitas Investment Management LLC purchased a new stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 65,137 shares of the exchange traded fund’s stock, valued at approximately $3,521,000. Vanguard FTSE Emerging Markets ETF accounts for about 2.8% of Summitas Investment Management LLC’s investment portfolio, making the stock its 8th biggest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Hager Investment Management Services LLC acquired a new position in Vanguard FTSE Emerging Markets ETF during the fourth quarter worth $26,000. Scarborough Advisors LLC acquired a new position in shares of Vanguard FTSE Emerging Markets ETF during the first quarter valued at about $26,000. Miller Capital Partners Inc. acquired a new position in shares of Vanguard FTSE Emerging Markets ETF during the fourth quarter valued at about $28,000. Rakuten Securities Inc. increased its position in shares of Vanguard FTSE Emerging Markets ETF by 4,575.0% during the fourth quarter. Rakuten Securities Inc. now owns 561 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 549 shares in the last quarter. Finally, Darwin Wealth Management LLC increased its position in shares of Vanguard FTSE Emerging Markets ETF by 383.9% during the first quarter. Darwin Wealth Management LLC now owns 600 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 476 shares in the last quarter. Institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Price Performance

VWO opened at $58.86 on Wednesday. Vanguard FTSE Emerging Markets ETF has a fifty-two week low of $49.37 and a fifty-two week high of $61.51. The firm has a market capitalization of $120.85 billion, a PE ratio of 15.08 and a beta of 0.59. The company’s 50-day moving average is $59.35 and its 200 day moving average is $57.54.

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.