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

Shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) reached a new 52-week high during trading on Tuesday . The company traded as high as $58.80 and last traded at $58.7330, with a volume of 2555708 shares traded. The stock had previously closed at $58.06.

Vanguard FTSE Emerging Markets ETF Price Performance

The stock’s fifty day simple moving average is $56.17 and its 200-day simple moving average is $54.55. The firm has a market cap of $114.51 billion, a PE ratio of 15.08 and a beta of 0.55.

Hedge Funds Weigh In On Vanguard FTSE Emerging Markets ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Topor & Co. Korea purchased a new stake in Vanguard FTSE Emerging Markets ETF during the 4th quarter valued at about $842,000. Tempo Wealth LLC purchased a new position in shares of Vanguard FTSE Emerging Markets ETF in the fourth quarter worth about $934,000. MidFirst Bank purchased a new stake in Vanguard FTSE Emerging Markets ETF in the fourth quarter valued at approximately $1,531,000. DGS Capital Management LLC increased its holdings in Vanguard FTSE Emerging Markets ETF by 1.2% in the 4th quarter. DGS Capital Management LLC now owns 15,905 shares of the exchange traded fund’s stock worth $855,000 after buying an additional 188 shares during the period. Finally, Ketron Financial acquired a new position in Vanguard FTSE Emerging Markets ETF in the 4th quarter worth approximately $434,000. Hedge funds and other institutional investors own 67.19% of the company’s stock.

About Vanguard FTSE Emerging Markets ETF

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.