Powell Investment Advisors LLC Has $2.98 Million Stock Position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Powell Investment Advisors LLC lowered its stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 4.2% during the first quarter, HoldingsChannel reports. The firm owned 71,259 shares of the exchange traded fund’s stock after selling 3,100 shares during the quarter. Vanguard FTSE Emerging Markets ETF makes up 1.6% of Powell Investment Advisors LLC’s investment portfolio, making the stock its 12th largest position. Powell Investment Advisors LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $2,977,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently made changes to their positions in the company. Operose Advisors LLC grew its position in shares of Vanguard FTSE Emerging Markets ETF by 12.2% in the 3rd quarter. Operose Advisors LLC now owns 2,450 shares of the exchange traded fund’s stock valued at $96,000 after acquiring an additional 266 shares during the period. Park National Corp OH increased its position in Vanguard FTSE Emerging Markets ETF by 0.7% during the fourth quarter. Park National Corp OH now owns 37,374 shares of the exchange traded fund’s stock worth $1,536,000 after buying an additional 271 shares during the last quarter. Valley Wealth Managers Inc. raised its stake in Vanguard FTSE Emerging Markets ETF by 0.8% in the fourth quarter. Valley Wealth Managers Inc. now owns 35,893 shares of the exchange traded fund’s stock valued at $1,475,000 after buying an additional 272 shares during the period. Lincoln Capital LLC boosted its stake in shares of Vanguard FTSE Emerging Markets ETF by 3.0% during the 1st quarter. Lincoln Capital LLC now owns 9,295 shares of the exchange traded fund’s stock worth $388,000 after acquiring an additional 275 shares during the period. Finally, Heartwood Wealth Advisors LLC increased its holdings in shares of Vanguard FTSE Emerging Markets ETF by 0.4% during the 4th quarter. Heartwood Wealth Advisors LLC now owns 74,989 shares of the exchange traded fund’s stock worth $3,082,000 after acquiring an additional 277 shares during the last quarter.

Vanguard FTSE Emerging Markets ETF Stock Performance

VWO traded up $0.11 during trading hours on Friday, reaching $43.76. The company’s stock had a trading volume of 9,177,396 shares, compared to its average volume of 9,582,201. The company’s 50-day moving average is $43.40 and its 200-day moving average is $41.80. Vanguard FTSE Emerging Markets ETF has a 52 week low of $37.46 and a 52 week high of $44.97. The firm has a market cap of $79.21 billion, a PE ratio of 11.50 and a beta of 0.80.

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.