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

Vanguard FTSE Europe ETF (NYSEARCA:VGK) saw unusually-high trading volume on Wednesday . Approximately 3,968,460 shares changed hands during trading, an increase of 62% from the previous session’s volume of 2,446,173 shares.The stock last traded at $68.02 and had previously closed at $67.35.

Vanguard FTSE Europe ETF Stock Performance

The firm has a 50-day moving average of $65.35 and a 200-day moving average of $67.28. The firm has a market capitalization of $19.77 billion, a P/E ratio of 14.09 and a beta of 0.85.

Hedge Funds Weigh In On Vanguard FTSE Europe ETF

A number of hedge funds have recently modified their holdings of the company. Asset Management One Co. Ltd. increased its position in shares of Vanguard FTSE Europe ETF by 1.0% during the third quarter. Asset Management One Co. Ltd. now owns 5,949,933 shares of the exchange traded fund’s stock valued at $423,040,000 after buying an additional 57,834 shares during the period. Blue Trust Inc. grew its holdings in shares of Vanguard FTSE Europe ETF by 1.4% during the 4th quarter. Blue Trust Inc. now owns 5,434,940 shares of the exchange traded fund’s stock worth $344,956,000 after acquiring an additional 76,585 shares during the period. Elm Partners Management LLC grew its holdings in shares of Vanguard FTSE Europe ETF by 13.2% during the 3rd quarter. Elm Partners Management LLC now owns 1,903,789 shares of the exchange traded fund’s stock worth $135,359,000 after acquiring an additional 222,398 shares during the period. HighTower Advisors LLC grew its holdings in shares of Vanguard FTSE Europe ETF by 1.5% during the 3rd quarter. HighTower Advisors LLC now owns 1,765,844 shares of the exchange traded fund’s stock worth $125,531,000 after acquiring an additional 26,100 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in shares of Vanguard FTSE Europe ETF by 8.0% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 1,377,000 shares of the exchange traded fund’s stock worth $87,398,000 after acquiring an additional 102,239 shares during the period.

Vanguard FTSE Europe ETF Company Profile

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.