Kovack Advisors Inc. Has $802,000 Stock Position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Kovack Advisors Inc. boosted its stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 2.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 16,755 shares of the exchange traded fund’s stock after buying an additional 467 shares during the quarter. Kovack Advisors Inc.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $802,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of the stock. Jane Street Group LLC lifted its stake in shares of Vanguard FTSE Emerging Markets ETF by 55.3% in the first quarter. Jane Street Group LLC now owns 25,653,485 shares of the exchange traded fund’s stock valued at $1,071,546,000 after buying an additional 9,130,142 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Vanguard FTSE Emerging Markets ETF by 5.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 58,217,006 shares of the exchange traded fund’s stock worth $2,547,768,000 after purchasing an additional 2,996,084 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Vanguard FTSE Emerging Markets ETF by 3.2% in the first quarter. Vanguard Group Inc. now owns 60,300,805 shares of the exchange traded fund’s stock valued at $2,518,765,000 after purchasing an additional 1,866,790 shares in the last quarter. Bank of Montreal Can lifted its position in Vanguard FTSE Emerging Markets ETF by 37.4% in the second quarter. Bank of Montreal Can now owns 6,755,417 shares of the exchange traded fund’s stock worth $297,238,000 after purchasing an additional 1,837,347 shares during the period. Finally, Cetera Investment Advisers boosted its stake in Vanguard FTSE Emerging Markets ETF by 201.4% during the first quarter. Cetera Investment Advisers now owns 2,570,304 shares of the exchange traded fund’s stock worth $107,362,000 after buying an additional 1,717,500 shares in the last quarter.

Vanguard FTSE Emerging Markets ETF Stock Performance

Shares of VWO stock opened at $45.49 on Thursday. The firm has a fifty day moving average of $46.65 and a 200-day moving average of $44.91. The stock has a market cap of $82.34 billion, a price-to-earnings ratio of 11.50 and a beta of 0.80. Vanguard FTSE Emerging Markets ETF has a 52-week low of $38.83 and a 52-week high of $49.57.

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.