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The stock changes of the VNM ETF fund from 11-18/03/2024
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Specifically, during this period, FTS was added to the portfolio with over 3 million shares – also the strongest buy. Coming in second is PDR, with over 1 million shares. Additionally, VRE and SHS were also heavily bought, with a volume of around 900 thousand shares.
On the other hand, HPG was sold for over 1.8 million shares. NVL and SSI followed, with over 1.2 million shares and over 1 million shares respectively.
It is known that FTS is a code that MarketVector Indexes added to the portfolio of MarketVector Vietnam Local Index – the benchmark index of VNM ETF – in the 1st quarter of 2024 (announced in the early morning of March 9, effective from March 18, 2024). According to forecasts, the fund will buy about 3.2 million shares of FTS. Additionally, PDR and VRE are also forecasted to buy about 1 million shares, while selling approximately 1.6 million shares of HPG, corresponding to what actually happened.
Will the three funds FTSE ETF, VNM ETF, and Fubon ETF trade millions of shares of FTS, HPG, and EIB?
FTS added to VNM ETF, expected to buy over 3.2 million shares
On March 18, the total asset value of the VNM ETF fund was 546 million USD, an increase from 540 million USD on March 11, all of which are Vietnamese stocks and a small amount of cash. The top weightings belong to VIC (8.14%), VNM (7.57%), VHM (6.84%), HPG (6.25%), and VCB (5.84%).
