Motley Fool Wealth Management LLC Sells 2,663 Shares of VanEck Africa Index ETF (NYSEARCA:AFK)

Motley Fool Wealth Management LLC lessened its stake in shares of VanEck Africa Index ETF (NYSEARCA:AFKFree Report) by 2.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 117,192 shares of the company’s stock after selling 2,663 shares during the quarter. Motley Fool Wealth Management LLC owned about 3.78% of VanEck Africa Index ETF worth $1,618,000 at the end of the most recent reporting period.

VanEck Africa Index ETF Price Performance

Shares of AFK stock traded up $0.38 on Friday, reaching $14.94. 6,810 shares of the company were exchanged, compared to its average volume of 10,833. The company has a market cap of $41.09 million, a price-to-earnings ratio of 9.18 and a beta of 0.68. The company has a 50-day moving average of $14.15 and a 200-day moving average of $13.85. VanEck Africa Index ETF has a one year low of $12.84 and a one year high of $15.99.

VanEck Africa Index ETF Company 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.

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