VanEck Vietnam ETF (BATS:VNM) Trading 0.5% Higher – Should You Buy?

VanEck Vietnam ETF (BATS:VNMGet Free Report)’s stock price traded up 0.5% during trading on Monday . The company traded as high as $18.48 and last traded at $18.44. 327,031 shares were traded during mid-day trading, a decline of 62% from the average daily volume of 849,563 shares. The stock had previously closed at $18.35.

VanEck Vietnam ETF Price Performance

The company’s 50-day moving average price is $18.70 and its two-hundred day moving average price is $18.47. The company has a market capitalization of $569.80 million, a price-to-earnings ratio of 15.31 and a beta of 0.91.

Institutional Trading of VanEck Vietnam ETF

A number of large investors have recently bought and sold shares of VNM. Private Wealth Advisors LLC lifted its stake in shares of VanEck Vietnam ETF by 0.6% in the 4th quarter. Private Wealth Advisors LLC now owns 98,903 shares of the company’s stock valued at $1,887,000 after purchasing an additional 579 shares during the period. Strategic Advocates LLC grew its stake in VanEck Vietnam ETF by 85.3% during the fourth quarter. Strategic Advocates LLC now owns 2,155 shares of the company’s stock worth $41,000 after purchasing an additional 992 shares during the period. Kaizen Financial Strategies grew its stake in VanEck Vietnam ETF by 8.5% during the first quarter. Kaizen Financial Strategies now owns 20,314 shares of the company’s stock worth $380,000 after purchasing an additional 1,593 shares during the period. Amundi increased its holdings in VanEck Vietnam ETF by 4.9% in the first quarter. Amundi now owns 38,200 shares of the company’s stock worth $435,000 after purchasing an additional 1,800 shares in the last quarter. Finally, Gordian Capital Singapore Pte Ltd bought a new stake in VanEck Vietnam ETF in the third quarter worth approximately $36,000.

About VanEck Vietnam ETF

(Get Free Report)

The VanEck Vietnam ETF (VNM) is an exchange-traded fund that is based on the MVIS Vietnam index, a market-cap-weighted index of Vietnamese stocks VNM was launched on Aug 14, 2009 and is managed by VanEck.

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