Avalon Capital Management Trims Stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Avalon Capital Management cut its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 46.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,318 shares of the exchange traded fund’s stock after selling 22,953 shares during the period. Avalon Capital Management’s holdings in Vanguard FTSE Emerging Markets ETF were worth $1,159,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Empower Advisory Group LLC raised its position in Vanguard FTSE Emerging Markets ETF by 3.4% during the 4th quarter. Empower Advisory Group LLC now owns 32,684,511 shares of the exchange traded fund’s stock worth $1,439,426,000 after buying an additional 1,060,672 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Vanguard FTSE Emerging Markets ETF by 1.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 14,464,403 shares of the exchange traded fund’s stock valued at $692,122,000 after acquiring an additional 190,971 shares during the period. South Dakota Investment Council boosted its stake in Vanguard FTSE Emerging Markets ETF by 2.3% during the 4th quarter. South Dakota Investment Council now owns 14,005,335 shares of the exchange traded fund’s stock worth $616,795,000 after purchasing an additional 308,729 shares during the last quarter. LPL Financial LLC boosted its stake in Vanguard FTSE Emerging Markets ETF by 3.7% during the 3rd quarter. LPL Financial LLC now owns 12,270,433 shares of the exchange traded fund’s stock worth $587,140,000 after purchasing an additional 434,623 shares during the last quarter. Finally, Millburn Ridgefield Corp raised its holdings in shares of Vanguard FTSE Emerging Markets ETF by 15.4% during the 4th quarter. Millburn Ridgefield Corp now owns 7,214,353 shares of the exchange traded fund’s stock worth $317,720,000 after acquiring an additional 963,978 shares during the period.

Vanguard FTSE Emerging Markets ETF Trading Down 1.5 %

Shares of VWO opened at $45.69 on Tuesday. The firm has a market cap of $82.70 billion, a P/E ratio of 11.50 and a beta of 0.80. The company’s 50-day moving average price is $44.56 and its 200 day moving average price is $45.51. Vanguard FTSE Emerging Markets ETF has a 12-month low of $40.72 and a 12-month high of $49.57.

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.