Artisan Partners Limited Partnership Sells 866,940 Shares of VanEck Vietnam ETF $VNM

Artisan Partners Limited Partnership decreased its stake in VanEck Vietnam ETF (BATS:VNM) by 83.8% in the third quarter, Holdings Channel.com reports. The firm owned 167,045 shares of the company’s stock after selling 866,940 shares during the period. Artisan Partners Limited Partnership’s holdings in VanEck Vietnam ETF were worth $2,980,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of VNM. Westside Investment Management Inc. lifted its position in VanEck Vietnam ETF by 66.7% in the second quarter. Westside Investment Management Inc. now owns 2,500 shares of the company’s stock worth $34,000 after buying an additional 1,000 shares during the last quarter. Marvin & Palmer Associates Inc. bought a new position in VanEck Vietnam ETF during the second quarter valued at $75,000. Comerica Bank raised its stake in shares of VanEck Vietnam ETF by 375.4% in the first quarter. Comerica Bank now owns 6,342 shares of the company’s stock valued at $79,000 after acquiring an additional 5,008 shares during the period. Sumitomo Mitsui Trust Group Inc. bought a new stake in shares of VanEck Vietnam ETF in the 3rd quarter worth about $232,000. Finally, WJ Financial Advisors LLC bought a new stake in shares of VanEck Vietnam ETF in the 3rd quarter worth about $364,000.

VanEck Vietnam ETF Trading Down 0.4%

Shares of BATS:VNM opened at $19.08 on Friday. VanEck Vietnam ETF has a 12 month low of $10.10 and a 12 month high of $19.85. The company has a market capitalization of $589.57 million, a price-to-earnings ratio of 15.31 and a beta of 0.91. The firm’s 50-day moving average is $19.01 and its 200 day moving average is $18.34.

About VanEck Vietnam ETF

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.