Moors & Cabot Inc. Decreases Stock Position in VanEck VietnamETF (BATS:VNM)

Moors & Cabot Inc. lessened its stake in shares of VanEck VietnamETF (BATS:VNM) by 10.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 12,825 shares of the company’s stock after selling 1,500 shares during the period. Moors & Cabot Inc.’s holdings in VanEck VietnamETF were worth $147,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Wiser Advisor Group LLC increased its stake in VanEck VietnamETF by 65.6% in the fourth quarter. Wiser Advisor Group LLC now owns 4,770 shares of the company’s stock worth $55,000 after purchasing an additional 1,890 shares during the period. Union Bancaire Privee UBP SA purchased a new stake in VanEck VietnamETF in the fourth quarter worth $104,000. Nwam LLC purchased a new stake in VanEck VietnamETF in the third quarter worth $202,000. SBI Securities Co. Ltd. purchased a new stake in VanEck VietnamETF in the fourth quarter worth $419,000. Finally, Raymond James Financial Inc. purchased a new stake in VanEck VietnamETF in the fourth quarter worth $1,627,000.

VanEck VietnamETF Stock Up 13.4 %

VNM stock opened at $12.66 on Monday. The business’s fifty day simple moving average is $11.68 and its two-hundred day simple moving average is $11.93. VanEck VietnamETF has a twelve month low of $11.10 and a twelve month high of $13.91. The firm has a market cap of $419.51 million, a price-to-earnings ratio of 14.59 and a beta of 1.11.

VanEck VietnamETF 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.