Vanguard FTSE Emerging Markets ETF $VWO is Sumitomo Life Insurance Co.’s 8th Largest Position

Sumitomo Life Insurance Co. raised its holdings in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 125.9% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 1,554,566 shares of the exchange traded fund’s stock after acquiring an additional 866,422 shares during the period. Vanguard FTSE Emerging Markets ETF makes up about 1.5% of Sumitomo Life Insurance Co.’s investment portfolio, making the stock its 8th largest position. Sumitomo Life Insurance Co.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $92,792,000 as of its most recent filing with the Securities & Exchange Commission.

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

Vanguard FTSE Emerging Markets ETF Stock Performance

Shares of NYSEARCA:VWO opened at $60.45 on Friday. Vanguard FTSE Emerging Markets ETF has a 52-week low of $51.01 and a 52-week high of $61.51. The firm has a fifty day moving average of $59.39 and a 200 day moving average of $58.06. The firm has a market capitalization of $124.11 billion, a PE ratio of 15.08 and a beta of 0.60.

Vanguard FTSE Emerging Markets ETF 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.