Flow Traders U.S. LLC Invests $284,000 in VanEck Africa Index ETF (NYSEARCA:AFK)

Flow Traders U.S. LLC acquired a new stake in VanEck Africa Index ETF (NYSEARCA:AFKFree Report) in the third quarter, Holdings Channel reports. The firm acquired 16,943 shares of the company’s stock, valued at approximately $284,000.

Separately, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in shares of VanEck Africa Index ETF in the 3rd quarter valued at about $1,240,000.

VanEck Africa Index ETF Price Performance

Shares of AFK opened at $16.40 on Friday. The business has a 50-day moving average of $16.47 and a 200-day moving average of $16.15. The company has a market capitalization of $45.10 million, a price-to-earnings ratio of 9.10 and a beta of 0.70. VanEck Africa Index ETF has a 1 year low of $12.84 and a 1 year high of $17.25.

VanEck Africa Index ETF Profile

(Free Report)

The VanEck Africa Index ETF (AFK) is an exchange-traded fund that is based on the MVIS GDP Africa index, a GDP and market-cap-weighted index of companies generating a majority of their revenues in Africa. AFK was launched on Jul 10, 2008 and is managed by VanEck.

See Also

Want to see what other hedge funds are holding AFK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Africa Index ETF (NYSEARCA:AFKFree Report).

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