MAI Capital Management Has $2.42 Million Position in Vanguard FTSE Europe ETF (NYSEARCA:VGK)

MAI Capital Management lessened its holdings in Vanguard FTSE Europe ETF (NYSEARCA:VGK) by 13.0% in the third quarter, Holdings Channel reports. The institutional investor owned 34,046 shares of the exchange traded fund’s stock after selling 5,109 shares during the period. MAI Capital Management’s holdings in Vanguard FTSE Europe ETF were worth $2,421,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. POM Investment Strategies LLC lifted its holdings in Vanguard FTSE Europe ETF by 69.5% during the 2nd quarter. POM Investment Strategies LLC now owns 378 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 155 shares during the period. Northwest Investment Counselors LLC acquired a new position in shares of Vanguard FTSE Europe ETF in the third quarter worth approximately $25,000. EverSource Wealth Advisors LLC bought a new stake in Vanguard FTSE Europe ETF in the second quarter valued at approximately $27,000. Godsey & Gibb Inc. acquired a new stake in Vanguard FTSE Europe ETF during the 3rd quarter valued at approximately $51,000. Finally, Kings Path Partners LLC bought a new position in Vanguard FTSE Europe ETF during the 3rd quarter worth approximately $59,000.

Vanguard FTSE Europe ETF Stock Performance

NYSEARCA:VGK opened at $64.82 on Wednesday. Vanguard FTSE Europe ETF has a 52 week low of $60.67 and a 52 week high of $72.08. The firm’s fifty day moving average is $68.59 and its 200-day moving average is $68.60. The firm has a market cap of $18.83 billion, a P/E ratio of 14.09 and a beta of 0.85.

About Vanguard FTSE Europe ETF

Vanguard European Stock Index Fund is an exchange-traded fund. The Fund seeks to track the performance of a benchmark index that measures the investment return of stocks issued by Companies located in the markets of Europe. The Fund on focuses indexing investment approach by investing all, or substantially all, of its assets in the common stocks included in the FTSE Developed Europe All Cap Index.