Define Financial LLC Invests $7.99 Million in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Define Financial LLC purchased a new stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 181,442 shares of the exchange traded fund’s stock, valued at approximately $7,991,000. Vanguard FTSE Emerging Markets ETF makes up 6.0% of Define Financial LLC’s investment portfolio, making the stock its 7th biggest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VWO. Renaissance Technologies LLC bought a new position in shares of Vanguard FTSE Emerging Markets ETF in the second quarter valued at approximately $1,396,000. Moors & Cabot Inc. boosted its holdings in Vanguard FTSE Emerging Markets ETF by 17.6% in the 2nd quarter. Moors & Cabot Inc. now owns 20,993 shares of the exchange traded fund’s stock valued at $919,000 after purchasing an additional 3,135 shares during the period. Pekin Hardy Strauss Inc. boosted its holdings in Vanguard FTSE Emerging Markets ETF by 2.3% in the 2nd quarter. Pekin Hardy Strauss Inc. now owns 38,833 shares of the exchange traded fund’s stock valued at $1,699,000 after purchasing an additional 860 shares during the period. Edgestream Partners L.P. purchased a new position in shares of Vanguard FTSE Emerging Markets ETF during the 2nd quarter valued at $272,000. Finally, Dravo Bay LLC increased its holdings in shares of Vanguard FTSE Emerging Markets ETF by 6.1% in the second quarter. Dravo Bay LLC now owns 198,594 shares of the exchange traded fund’s stock worth $8,690,000 after purchasing an additional 11,376 shares during the period.

Vanguard FTSE Emerging Markets ETF Stock Performance

Shares of VWO stock opened at $43.01 on Wednesday. The company has a market capitalization of $77.85 billion, a PE ratio of 11.50 and a beta of 0.80. Vanguard FTSE Emerging Markets ETF has a 52-week low of $38.83 and a 52-week high of $49.57. The business’s fifty day moving average is $45.25 and its 200 day moving average is $45.34.

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.