MAI Capital Management Acquires 147,067 Shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

MAI Capital Management lifted its holdings in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 6.3% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,491,175 shares of the exchange traded fund’s stock after purchasing an additional 147,067 shares during the quarter. Vanguard FTSE Emerging Markets ETF comprises approximately 1.1% of MAI Capital Management’s holdings, making the stock its 17th biggest position. MAI Capital Management’s holdings in Vanguard FTSE Emerging Markets ETF were worth $119,203,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Rakuten Securities Inc. boosted its position in Vanguard FTSE Emerging Markets ETF by 94.3% during the third quarter. Rakuten Securities Inc. now owns 583 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 283 shares during the period. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 2nd quarter worth about $30,000. Russell Investments Group Ltd. bought a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 1st quarter worth about $30,000. Fairscale Capital LLC acquired a new position in Vanguard FTSE Emerging Markets ETF in the 2nd quarter valued at about $35,000. Finally, Capital Performance Advisors LLP bought a new position in Vanguard FTSE Emerging Markets ETF in the 3rd quarter valued at about $42,000.

Vanguard FTSE Emerging Markets ETF Trading Down 0.2 %

Shares of NYSEARCA VWO opened at $45.12 on Monday. The firm has a market cap of $81.67 billion, a P/E ratio of 11.50 and a beta of 0.80. The business’s 50 day moving average is $46.73 and its 200-day moving average is $44.97. Vanguard FTSE Emerging Markets ETF has a 1-year low of $38.83 and a 1-year high of $49.57.

Vanguard FTSE Emerging Markets ETF 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.