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

Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) shares hit a new 52-week high on Monday . The stock traded as high as $56.09 and last traded at $56.0750, with a volume of 3020505 shares. The stock had previously closed at $55.43.

Vanguard FTSE Emerging Markets ETF Price Performance

The stock’s 50-day moving average price is $54.32 and its 200 day moving average price is $53.05. The firm has a market cap of $110.20 billion, a P/E ratio of 15.08 and a beta of 0.55.

Institutional Investors Weigh In On Vanguard FTSE Emerging Markets ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in VWO. Clayton Financial Group LLC bought a new position in Vanguard FTSE Emerging Markets ETF in the third quarter valued at approximately $26,000. Abich Financial Wealth Management LLC bought a new position in shares of Vanguard FTSE Emerging Markets ETF in the third quarter valued at $27,000. Financial Gravity Companies Inc. acquired a new position in Vanguard FTSE Emerging Markets ETF during the second quarter worth $26,000. Clarity Asset Management Inc. bought a new stake in Vanguard FTSE Emerging Markets ETF during the second quarter worth $28,000. Finally, Your Advocates Ltd. LLP bought a new stake in Vanguard FTSE Emerging Markets ETF during the second quarter worth $29,000. 67.19% of the stock is owned by institutional investors.

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.