Vanguard FTSE Emerging Markets ETF $VWO Shares Sold by Sumitomo Life Insurance Co.

Sumitomo Life Insurance Co. trimmed its holdings in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 4.7% in the fourth quarter, HoldingsChannel reports. The firm owned 2,005,583 shares of the exchange traded fund’s stock after selling 99,990 shares during the period. Vanguard FTSE Emerging Markets ETF makes up 3.0% of Sumitomo Life Insurance Co.’s portfolio, making the stock its 7th biggest position. Sumitomo Life Insurance Co.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $107,820,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Hager Investment Management Services LLC acquired a new stake in Vanguard FTSE Emerging Markets ETF during the 4th quarter valued at $26,000. Abich Financial Wealth Management LLC acquired a new stake in Vanguard FTSE Emerging Markets ETF during the 3rd quarter valued at $27,000. Rakuten Securities Inc. increased its holdings in Vanguard FTSE Emerging Markets ETF by 4,575.0% during the 4th quarter. Rakuten Securities Inc. now owns 561 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 549 shares in the last quarter. Cary Street Partners Investment Advisory LLC increased its holdings in Vanguard FTSE Emerging Markets ETF by 1,223.4% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 622 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 575 shares in the last quarter. Finally, North Ridge Wealth Advisors Inc. boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 353.8% in the 2nd quarter. North Ridge Wealth Advisors Inc. now owns 658 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 513 shares during the last quarter. 67.19% of the stock is owned by institutional investors and hedge funds.

Vanguard FTSE Emerging Markets ETF Stock Up 0.8%

NYSEARCA:VWO opened at $59.55 on Friday. Vanguard FTSE Emerging Markets ETF has a 12-month low of $47.46 and a 12-month high of $61.35. The firm has a market capitalization of $121.13 billion, a P/E ratio of 15.08 and a beta of 0.59. The stock’s fifty day simple moving average is $58.55 and its 200-day simple moving average is $56.47.

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.