Envestnet Portfolio Solutions Inc. Has $9.07 Million Stock Position in Vanguard Financials ETF (NYSEARCA:VFH)

Envestnet Portfolio Solutions Inc. decreased its holdings in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 7.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 76,832 shares of the company’s stock after selling 6,024 shares during the quarter. Envestnet Portfolio Solutions Inc. owned approximately 0.08% of Vanguard Financials ETF worth $9,072,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Raymond James Financial Inc. acquired a new position in Vanguard Financials ETF in the 4th quarter valued at $130,549,000. JPMorgan Chase & Co. grew its stake in Vanguard Financials ETF by 4.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 924,677 shares of the company’s stock valued at $101,631,000 after buying an additional 41,153 shares during the last quarter. Advisors Preferred LLC grew its stake in Vanguard Financials ETF by 48.0% in the 4th quarter. Advisors Preferred LLC now owns 446,507 shares of the company’s stock valued at $52,612,000 after buying an additional 144,912 shares during the last quarter. Synovus Financial Corp grew its stake in Vanguard Financials ETF by 97.8% in the 3rd quarter. Synovus Financial Corp now owns 443,222 shares of the company’s stock valued at $48,714,000 after buying an additional 219,120 shares during the last quarter. Finally, Stifel Financial Corp grew its stake in Vanguard Financials ETF by 2.0% in the 3rd quarter. Stifel Financial Corp now owns 433,070 shares of the company’s stock valued at $47,599,000 after buying an additional 8,462 shares during the last quarter.

Vanguard Financials ETF Price Performance

NYSEARCA VFH opened at $118.25 on Tuesday. The firm has a market capitalization of $11.81 billion, a price-to-earnings ratio of 15.58 and a beta of 1.10. The company’s fifty day moving average is $122.51 and its two-hundred day moving average is $118.43. Vanguard Financials ETF has a 52-week low of $95.67 and a 52-week high of $127.67.

Vanguard Financials ETF Company Profile

Vanguard Financials ETF (the Fund) is an exchange-traded share class of Vanguard Financials Index Fund. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Investable Market Financials Index, an index of stocks of large, medium and small United States companies in the financials sector, as classified under the Global Industry Classification Standard (GICS).