98,475 Shares in VanEck Vietnam ETF $VNM Bought by Financially Speaking Inc

Financially Speaking Inc acquired a new stake in VanEck Vietnam ETF (BATS:VNM) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 98,475 shares of the company’s stock, valued at approximately $1,757,000. VanEck Vietnam ETF makes up about 1.2% of Financially Speaking Inc’s portfolio, making the stock its 21st biggest holding. Financially Speaking Inc owned 0.32% of VanEck Vietnam ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Westside Investment Management Inc. lifted its holdings in shares of VanEck Vietnam ETF by 66.7% in the second quarter. Westside Investment Management Inc. now owns 2,500 shares of the company’s stock valued at $34,000 after purchasing an additional 1,000 shares in the last quarter. Marvin & Palmer Associates Inc. bought a new stake in VanEck Vietnam ETF in the 2nd quarter valued at approximately $75,000. Comerica Bank lifted its stake in VanEck Vietnam ETF by 375.4% in the 1st quarter. Comerica Bank now owns 6,342 shares of the company’s stock valued at $79,000 after acquiring an additional 5,008 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. acquired a new position in VanEck Vietnam ETF during the 3rd quarter worth approximately $232,000. Finally, Concurrent Investment Advisors LLC bought a new position in shares of VanEck Vietnam ETF during the 3rd quarter worth approximately $413,000.

VanEck Vietnam ETF Stock Up 3.5%

BATS VNM opened at $18.71 on Thursday. The firm’s 50 day moving average is $18.81 and its 200-day moving average is $18.14. The company has a market capitalization of $578.14 million, a PE ratio of 15.31 and a beta of 0.91. VanEck Vietnam ETF has a 12-month low of $10.10 and a 12-month high of $19.85.

VanEck Vietnam ETF Profile

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.