Financially Speaking Inc Takes $1.76 Million Position in VanEck Vietnam ETF $VNM

Financially Speaking Inc purchased a new position in shares of VanEck Vietnam ETF (BATS:VNM) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 98,475 shares of the company’s stock, valued at approximately $1,757,000. VanEck Vietnam ETF comprises approximately 1.2% of Financially Speaking Inc’s holdings, making the stock its 21st biggest holding.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Westside Investment Management Inc. raised its holdings in shares of VanEck Vietnam ETF by 66.7% in the 2nd 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 during the period. Vontobel Holding Ltd. lifted its position in shares of VanEck Vietnam ETF by 3.6% in the third quarter. Vontobel Holding Ltd. now owns 30,004 shares of the company’s stock valued at $535,000 after buying an additional 1,041 shares during the last quarter. Amundi lifted its position in shares of VanEck Vietnam ETF by 4.9% in the first quarter. Amundi now owns 38,200 shares of the company’s stock valued at $435,000 after buying an additional 1,800 shares during the last quarter. SBI Securities Co. Ltd. boosted its stake in shares of VanEck Vietnam ETF by 4.7% during the 3rd quarter. SBI Securities Co. Ltd. now owns 46,748 shares of the company’s stock worth $834,000 after acquiring an additional 2,089 shares during the period. Finally, Jane Street Group LLC increased its holdings in shares of VanEck Vietnam ETF by 1.6% during the 2nd quarter. Jane Street Group LLC now owns 296,081 shares of the company’s stock worth $4,071,000 after acquiring an additional 4,700 shares during the last quarter.

VanEck Vietnam ETF Price Performance

Shares of VanEck Vietnam ETF stock opened at $18.71 on Thursday. The business has a fifty day simple moving average of $18.81 and a two-hundred day simple moving average of $18.14. VanEck Vietnam ETF has a 1 year low of $10.10 and a 1 year high of $19.85. The company has a market capitalization of $578.14 million, a price-to-earnings ratio of 15.31 and a beta of 0.91.

VanEck Vietnam ETF Company 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.