Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) Shares Sold by Powell Investment Advisors LLC

Powell Investment Advisors LLC trimmed its position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 4.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 71,259 shares of the exchange traded fund’s stock after selling 3,100 shares during the quarter. Vanguard FTSE Emerging Markets ETF comprises 1.6% of Powell Investment Advisors LLC’s investment portfolio, making the stock its 12th biggest position. Powell Investment Advisors LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $2,977,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Element Wealth LLC acquired a new stake in Vanguard FTSE Emerging Markets ETF during the fourth quarter worth $26,000. Elevate Wealth Advisory Inc. purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF in the 4th quarter valued at approximately $26,000. Signature Resources Capital Management LLC purchased a new position in shares of Vanguard FTSE Emerging Markets ETF during the 4th quarter worth approximately $30,000. Frazier Financial Advisors LLC purchased a new position in shares of Vanguard FTSE Emerging Markets ETF during the 4th quarter worth approximately $32,000. Finally, Tennessee Valley Asset Management Partners acquired a new stake in Vanguard FTSE Emerging Markets ETF in the 4th quarter valued at approximately $35,000.

Vanguard FTSE Emerging Markets ETF Stock Up 0.3 %

NYSEARCA:VWO traded up $0.11 during trading hours on Friday, reaching $43.76. 9,177,396 shares of the stock were exchanged, compared to its average volume of 9,582,201. Vanguard FTSE Emerging Markets ETF has a twelve month low of $37.46 and a twelve month high of $44.97. The business has a 50-day moving average of $43.40 and a two-hundred day moving average of $41.80. The company has a market capitalization of $79.21 billion, a price-to-earnings ratio of 11.50 and a beta of 0.80.

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.