Moors & Cabot Inc. Sells 1,500 Shares of VanEck VietnamETF (BATS:VNM)

Moors & Cabot Inc. decreased its position in shares of VanEck VietnamETF (BATS:VNM) by 10.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,825 shares of the company’s stock after selling 1,500 shares during the quarter. Moors & Cabot Inc.’s holdings in VanEck VietnamETF were worth $147,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Wiser Advisor Group LLC grew its position in shares of VanEck VietnamETF by 65.6% during the 4th quarter. Wiser Advisor Group LLC now owns 4,770 shares of the company’s stock worth $55,000 after buying an additional 1,890 shares in the last quarter. Union Bancaire Privee UBP SA bought a new position in shares of VanEck VietnamETF during the 4th quarter worth $104,000. Nwam LLC bought a new position in shares of VanEck VietnamETF during the 3rd quarter worth $202,000. SBI Securities Co. Ltd. bought a new stake in VanEck VietnamETF during the fourth quarter valued at about $419,000. Finally, JPMorgan Chase & Co. boosted its position in VanEck VietnamETF by 70.6% during the third quarter. JPMorgan Chase & Co. now owns 226,743 shares of the company’s stock valued at $2,898,000 after purchasing an additional 93,842 shares in the last quarter.

VanEck VietnamETF Price Performance

Shares of VNM stock opened at $12.66 on Monday. VanEck VietnamETF has a 1-year low of $11.10 and a 1-year high of $13.91. The stock’s 50-day moving average is $11.68 and its 200 day moving average is $11.93. The company has a market cap of $419.51 million, a P/E ratio of 14.59 and a beta of 1.11.

VanEck VietnamETF 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.