Vanguard FTSE Europe ETF (NYSEARCA:VGK) Sees Unusually-High Trading Volume – What’s Next?

Vanguard FTSE Europe ETF (NYSEARCA:VGK) saw an uptick in trading volume on Tuesday . 4,680,706 shares were traded during mid-day trading, an increase of 126% from the previous session’s volume of 2,072,509 shares.The stock last traded at $66.60 and had previously closed at $67.07.

Vanguard FTSE Europe ETF Stock Down 0.8 %

The business has a 50 day moving average price of $67.32 and a two-hundred day moving average price of $68.26. The stock has a market cap of $19.33 billion, a P/E ratio of 14.09 and a beta of 0.85.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VGK. Asset Management One Co. Ltd. lifted its holdings in shares of Vanguard FTSE Europe ETF by 1.0% in the third quarter. Asset Management One Co. Ltd. now owns 5,949,933 shares of the exchange traded fund’s stock worth $423,040,000 after buying an additional 57,834 shares in the last quarter. Blue Trust Inc. grew its position in shares of Vanguard FTSE Europe ETF by 1.0% during the third quarter. Blue Trust Inc. now owns 5,358,355 shares of the exchange traded fund’s stock valued at $357,777,000 after purchasing an additional 53,048 shares in the last quarter. Elm Partners Management LLC grew its position in shares of Vanguard FTSE Europe ETF by 13.2% during the third quarter. Elm Partners Management LLC now owns 1,903,789 shares of the exchange traded fund’s stock valued at $135,359,000 after purchasing an additional 222,398 shares in the last quarter. Victory Capital Management Inc. increased its holdings in shares of Vanguard FTSE Europe ETF by 78.9% in the second quarter. Victory Capital Management Inc. now owns 1,774,633 shares of the exchange traded fund’s stock worth $118,492,000 after purchasing an additional 782,919 shares during the last quarter. Finally, HighTower Advisors LLC lifted its position in shares of Vanguard FTSE Europe ETF by 1.5% in the third quarter. HighTower Advisors LLC now owns 1,765,844 shares of the exchange traded fund’s stock worth $125,531,000 after buying an additional 26,100 shares in the last quarter.

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.