Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new stake in shares of VanEck Vietnam ETF (BATS:VNM – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 123,564 shares of the company’s stock, valued at approximately $2,358,000. VanEck Vietnam ETF makes up approximately 0.3% of Arrowpoint Investment Partners Singapore Pte. Ltd.’s portfolio, making the stock its 24th largest holding.
Several other large investors have also recently added to or reduced their stakes in the company. Gordian Capital Singapore Pte Ltd bought a new stake in VanEck Vietnam ETF during the third quarter valued at $36,000. Group One Trading LLC bought a new position in shares of VanEck Vietnam ETF in the 3rd quarter worth about $71,000. Triumph Capital Management acquired a new position in shares of VanEck Vietnam ETF in the 3rd quarter valued at about $108,000. Comerica Bank grew its position in shares of VanEck Vietnam ETF by 375.4% during the 1st quarter. Comerica Bank now owns 6,342 shares of the company’s stock valued at $79,000 after buying an additional 5,008 shares during the last quarter. Finally, Marvin & Palmer Associates Inc. grew its position in shares of VanEck Vietnam ETF by 48.1% during the 3rd quarter. Marvin & Palmer Associates Inc. now owns 8,040 shares of the company’s stock valued at $140,000 after buying an additional 2,610 shares during the last quarter.
VanEck Vietnam ETF Stock Up 1.3%
VNM opened at $18.25 on Friday. The company’s 50-day moving average price is $18.54 and its 200 day moving average price is $18.47. VanEck Vietnam ETF has a fifty-two week low of $13.02 and a fifty-two week high of $19.85. The firm has a market cap of $563.93 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.
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