Summit Global Investments Buys 172,659 Shares of Vanguard FTSE Emerging Markets ETF $VWO

Summit Global Investments grew its position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 2,126.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 180,778 shares of the exchange traded fund’s stock after acquiring an additional 172,659 shares during the quarter. Vanguard FTSE Emerging Markets ETF accounts for approximately 0.6% of Summit Global Investments’ portfolio, making the stock its 19th largest holding. Summit Global Investments’ holdings in Vanguard FTSE Emerging Markets ETF were worth $9,771,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of VWO. Hager Investment Management Services LLC purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF in the fourth quarter valued at about $26,000. Scarborough Advisors LLC purchased a new position in Vanguard FTSE Emerging Markets ETF during the first quarter worth about $26,000. Miller Capital Partners Inc. purchased a new position in Vanguard FTSE Emerging Markets ETF during the fourth quarter worth about $28,000. Rakuten Securities Inc. grew its position in Vanguard FTSE Emerging Markets ETF by 4,575.0% in the 4th quarter. Rakuten Securities Inc. now owns 561 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 549 shares in the last quarter. Finally, Darwin Wealth Management LLC grew its position in Vanguard FTSE Emerging Markets ETF by 383.9% in the 1st quarter. Darwin Wealth Management LLC now owns 600 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 476 shares in the last quarter. 67.19% of the stock is owned by hedge funds and other institutional investors.

Vanguard FTSE Emerging Markets ETF Stock Performance

NYSEARCA:VWO opened at $57.93 on Tuesday. Vanguard FTSE Emerging Markets ETF has a 52 week low of $49.37 and a 52 week high of $61.51. The firm has a 50-day moving average price of $59.36 and a two-hundred day moving average price of $57.50. The firm has a market cap of $118.94 billion, a price-to-earnings ratio of 15.08 and a beta of 0.59.

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.