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

Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $57.69 and last traded at $57.64, with a volume of 12135512 shares. The stock had previously closed at $56.93.

Vanguard FTSE Emerging Markets ETF Trading Down 0.4%

The stock has a market cap of $113.27 billion, a P/E ratio of 15.08 and a beta of 0.55. The firm has a 50-day simple moving average of $54.79 and a two-hundred day simple moving average of $53.56.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Financial Gravity Companies Inc. acquired a new stake in Vanguard FTSE Emerging Markets ETF during the second quarter worth approximately $26,000. Clayton Financial Group LLC acquired a new position in Vanguard FTSE Emerging Markets ETF in the 3rd quarter valued at $26,000. Hager Investment Management Services LLC bought a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 4th quarter valued at $26,000. Abich Financial Wealth Management LLC acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 3rd quarter worth $27,000. Finally, Clarity Asset Management Inc. bought a new position in shares of Vanguard FTSE Emerging Markets ETF in the second quarter worth $28,000. Institutional investors and hedge funds own 67.19% of the company’s stock.

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.