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

Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) hit a new 52-week high on Monday . The company traded as high as $61.50 and last traded at $61.41, with a volume of 596526 shares trading hands. The stock had previously closed at $60.77.

Vanguard FTSE Emerging Markets ETF Trading Up 0.9%

The stock has a market cap of $124.71 billion, a P/E ratio of 15.08 and a beta of 0.59. The stock’s 50-day moving average is $59.15 and its 200-day moving average is $56.71.

Institutional Investors Weigh In On Vanguard FTSE Emerging Markets ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VWO. Brighton Jones LLC raised its position in Vanguard FTSE Emerging Markets ETF by 50.1% in the fourth quarter. Brighton Jones LLC now owns 81,641 shares of the exchange traded fund’s stock worth $3,595,000 after acquiring an additional 27,259 shares in the last quarter. Revolve Wealth Partners LLC bought a new position in shares of Vanguard FTSE Emerging Markets ETF during the 4th quarter valued at about $622,000. Russell Investments Group Ltd. grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 25.5% in the 2nd quarter. Russell Investments Group Ltd. now owns 14,899 shares of the exchange traded fund’s stock worth $737,000 after purchasing an additional 3,026 shares during the last quarter. First Trust Advisors LP grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 2.7% in the 2nd quarter. First Trust Advisors LP now owns 34,401 shares of the exchange traded fund’s stock worth $1,701,000 after purchasing an additional 892 shares during the last quarter. Finally, Marshall Wace LLP bought a new stake in shares of Vanguard FTSE Emerging Markets ETF in the 2nd quarter worth approximately $5,626,000. Institutional investors own 67.19% of the company’s stock.

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.