Vanguard FTSE Europe ETF (NYSEARCA:VGK) Hits New 12-Month High – Here’s What Happened

Vanguard FTSE Europe ETF (NYSEARCA:VGK)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $73.57 and last traded at $73.53, with a volume of 4399629 shares trading hands. The stock had previously closed at $73.21.

Vanguard FTSE Europe ETF Price Performance

The stock’s 50-day moving average price is $68.88 and its 200-day moving average price is $67.82. The company has a market cap of $26.26 billion, a P/E ratio of 18.02 and a beta of 0.99.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Modus Advisors LLC acquired a new position in Vanguard FTSE Europe ETF during the fourth quarter worth about $27,000. Atlantic Edge Private Wealth Management LLC acquired a new position in Vanguard FTSE Europe ETF during the fourth quarter worth about $27,000. Delos Wealth Advisors LLC acquired a new position in Vanguard FTSE Europe ETF during the third quarter worth about $33,000. Topsail Wealth Management LLC acquired a new position in Vanguard FTSE Europe ETF during the fourth quarter worth about $36,000. Finally, Quent Capital LLC acquired a new position in shares of Vanguard FTSE Europe ETF in the fourth quarter valued at approximately $39,000.

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.