Park Place Capital Corp Has $13.37 Million Stake in Vanguard FTSE Emerging Markets ETF $VWO

Park Place Capital Corp increased its position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 4.4% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 223,969 shares of the exchange traded fund’s stock after purchasing an additional 9,491 shares during the quarter. Vanguard FTSE Emerging Markets ETF comprises approximately 2.1% of Park Place Capital Corp’s portfolio, making the stock its 12th biggest holding. Park Place Capital Corp’s holdings in Vanguard FTSE Emerging Markets ETF were worth $13,369,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in VWO. Brighton Jones LLC lifted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 50.1% during the fourth quarter. Brighton Jones LLC now owns 81,641 shares of the exchange traded fund’s stock worth $3,595,000 after buying an additional 27,259 shares in the last quarter. Revolve Wealth Partners LLC bought a new position in Vanguard FTSE Emerging Markets ETF during the fourth quarter worth about $622,000. Russell Investments Group Ltd. raised its stake in Vanguard FTSE Emerging Markets ETF by 25.5% in the 2nd quarter. Russell Investments Group Ltd. now owns 14,899 shares of the exchange traded fund’s stock worth $737,000 after purchasing an additional 3,026 shares in the last quarter. First Trust Advisors LP boosted its holdings in Vanguard FTSE Emerging Markets ETF by 2.7% in the 2nd quarter. First Trust Advisors LP now owns 34,401 shares of the exchange traded fund’s stock valued at $1,701,000 after purchasing an additional 892 shares during the period. Finally, Marshall Wace LLP bought a new stake in Vanguard FTSE Emerging Markets ETF in the 2nd quarter valued at about $5,626,000. 67.19% of the stock is currently owned by institutional investors.

Vanguard FTSE Emerging Markets ETF Trading Down 0.8%

NYSEARCA VWO opened at $59.97 on Tuesday. The company has a market cap of $123.12 billion, a price-to-earnings ratio of 15.08 and a beta of 0.60. The company has a 50 day moving average of $59.38 and a 200-day moving average of $58.09. Vanguard FTSE Emerging Markets ETF has a 1-year low of $51.01 and a 1-year high of $61.51.

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.