Raymond James & Associates Sells 28,137 Shares of VanEck VietnamETF (BATS:VNM)

Raymond James & Associates trimmed its holdings in VanEck VietnamETF (BATS:VNM) by 37.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,971 shares of the company’s stock after selling 28,137 shares during the period. Raymond James & Associates owned about 0.11% of VanEck VietnamETF worth $607,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. Wellington Management Group LLP boosted its stake in VanEck VietnamETF by 34.9% in the 3rd quarter. Wellington Management Group LLP now owns 517,934 shares of the company’s stock worth $7,013,000 after purchasing an additional 134,024 shares during the period. Deltec Asset Management LLC boosted its position in shares of VanEck VietnamETF by 0.6% during the third quarter. Deltec Asset Management LLC now owns 216,349 shares of the company’s stock worth $2,929,000 after acquiring an additional 1,349 shares during the last quarter. New York State Common Retirement Fund grew its stake in VanEck VietnamETF by 29.0% during the third quarter. New York State Common Retirement Fund now owns 171,182 shares of the company’s stock valued at $2,318,000 after acquiring an additional 38,528 shares in the last quarter. Simplicity Solutions LLC grew its stake in VanEck VietnamETF by 3.2% during the third quarter. Simplicity Solutions LLC now owns 151,760 shares of the company’s stock valued at $2,055,000 after acquiring an additional 4,650 shares in the last quarter. Finally, AMG National Trust Bank increased its holdings in VanEck VietnamETF by 0.6% in the 3rd quarter. AMG National Trust Bank now owns 137,646 shares of the company’s stock valued at $1,864,000 after acquiring an additional 844 shares during the last quarter.

VanEck VietnamETF Price Performance

VNM opened at $12.22 on Thursday. The company has a market cap of $497.15 million, a P/E ratio of 12.44 and a beta of 0.59. The firm’s 50 day moving average is $13.27 and its 200-day moving average is $13.08.

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.