Axis Wealth Partners LLC Invests $493,000 in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Axis Wealth Partners LLC acquired a new position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 11,187 shares of the exchange traded fund’s stock, valued at approximately $493,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VWO. Raymond James Financial Inc. purchased a new position in Vanguard FTSE Emerging Markets ETF in the 4th quarter worth approximately $268,180,000. Sumitomo Life Insurance Co. purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF in the 4th quarter valued at $106,724,000. Freestone Capital Holdings LLC grew its holdings in shares of Vanguard FTSE Emerging Markets ETF by 186.7% during the 4th quarter. Freestone Capital Holdings LLC now owns 3,295,732 shares of the exchange traded fund’s stock valued at $145,144,000 after purchasing an additional 2,146,078 shares during the last quarter. Life Planning Partners Inc raised its position in Vanguard FTSE Emerging Markets ETF by 4,311.0% in the 4th quarter. Life Planning Partners Inc now owns 2,137,450 shares of the exchange traded fund’s stock worth $94,133,000 after purchasing an additional 2,088,993 shares during the period. Finally, Strategic Financial Concepts LLC boosted its position in Vanguard FTSE Emerging Markets ETF by 6,570.4% during the fourth quarter. Strategic Financial Concepts LLC now owns 2,032,873 shares of the exchange traded fund’s stock valued at $89,528,000 after buying an additional 2,002,397 shares during the period.

Vanguard FTSE Emerging Markets ETF Price Performance

Shares of VWO stock opened at $45.96 on Friday. The business has a 50-day moving average of $44.65 and a 200 day moving average of $45.57. The stock has a market capitalization of $118.58 billion, a PE ratio of 14.62 and a beta of 0.68. Vanguard FTSE Emerging Markets ETF has a 1-year low of $40.72 and a 1-year 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.