Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) Reaches New 52-Week High – Time to Buy?

Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $58.80 and last traded at $58.7330, with a volume of 2555708 shares. The stock had previously closed at $58.06.

Vanguard FTSE Emerging Markets ETF Stock Performance

The stock has a market capitalization of $115.46 billion, a price-to-earnings ratio of 15.08 and a beta of 0.55. The business has a fifty day simple moving average of $55.95 and a 200 day simple moving average of $54.46.

Institutional Investors Weigh In On Vanguard FTSE Emerging Markets ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. DiPaolo Financial Group Inc. bought a new stake in shares of Vanguard FTSE Emerging Markets ETF in the fourth quarter valued at approximately $5,899,000. Clear Retirement Advice LLC acquired a new position in Vanguard FTSE Emerging Markets ETF in the 4th quarter valued at $5,486,000. Verus Advisory Inc. bought a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 4th quarter valued at $7,858,000. SB Capital Management Inc acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 4th quarter worth $302,000. Finally, Larch Capital Partners LLC acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 4th quarter worth $516,000. 67.19% of the stock is currently owned by institutional investors and hedge funds.

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.