Vanguard FTSE Europe ETF (NYSEARCA:VGK) Sees Large Volume Increase – Here’s What Happened

Vanguard FTSE Europe ETF (NYSEARCA:VGK) saw unusually-high trading volume on Thursday . Approximately 3,437,407 shares changed hands during trading, an increase of 55% from the previous session’s volume of 2,217,638 shares.The stock last traded at $73.02 and had previously closed at $73.09.

Vanguard FTSE Europe ETF Price Performance

The stock has a market capitalization of $26.48 billion, a PE ratio of 17.59 and a beta of 0.99. The business’s fifty day moving average price is $67.33 and its two-hundred day moving average price is $67.71.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Aegis Wealth Management LLC acquired a new position in Vanguard FTSE Europe ETF during the fourth quarter valued at $635,000. Yoffe Investment Management LLC acquired a new position in shares of Vanguard FTSE Europe ETF in the fourth quarter worth about $586,000. LifeWealth Investments LLC acquired a new position in shares of Vanguard FTSE Europe ETF in the fourth quarter worth about $579,000. LM Advisors LLC raised its position in shares of Vanguard FTSE Europe ETF by 9.5% in the fourth quarter. LM Advisors LLC now owns 8,061 shares of the exchange traded fund’s stock worth $512,000 after acquiring an additional 699 shares during the period. Finally, Mackenzie Financial Corp raised its position in shares of Vanguard FTSE Europe ETF by 29.6% in the fourth quarter. Mackenzie Financial Corp now owns 4,820 shares of the exchange traded fund’s stock worth $306,000 after acquiring an additional 1,100 shares during the period.

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.