John G Ullman & Associates Inc. Raises Holdings in VanEck VietnamETF (BATS:VNM)

John G Ullman & Associates Inc. grew its stake in VanEck VietnamETF (BATS:VNM) by 122.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 480,517 shares of the company’s stock after purchasing an additional 264,417 shares during the period. John G Ullman & Associates Inc.’s holdings in VanEck VietnamETF were worth $6,141,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of VNM. Quadrature Capital Ltd purchased a new stake in shares of VanEck VietnamETF during the first quarter valued at $842,000. Price T Rowe Associates Inc. MD bought a new position in VanEck VietnamETF in the first quarter worth about $302,000. Raymond James & Associates lifted its position in VanEck VietnamETF by 236.5% during the second quarter. Raymond James & Associates now owns 121,419 shares of the company’s stock valued at $1,478,000 after acquiring an additional 85,335 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of VanEck VietnamETF by 13.1% during the 2nd quarter. Commonwealth Equity Services LLC now owns 21,559 shares of the company’s stock valued at $262,000 after purchasing an additional 2,500 shares during the last quarter. Finally, Bcwm LLC boosted its holdings in VanEck VietnamETF by 2.0% in the second quarter. Bcwm LLC now owns 233,702 shares of the company’s stock worth $2,844,000 after acquiring an additional 4,658 shares in the last quarter.

VanEck VietnamETF Price Performance

Shares of VanEck VietnamETF stock opened at $11.50 on Thursday. The firm has a market cap of $468.05 million, a price-to-earnings ratio of 12.08 and a beta of 0.65. The company’s 50-day moving average is $12.21 and its 200 day moving average is $12.34.

About VanEck VietnamETF

The VanEck Vietnam ETF (VNM) is an exchange-traded fund that is based on the MVIS Vietnam index, a market-cap-weighted index of Vietnamese stocks VNM was launched on Aug 14, 2009 and is managed by VanEck.