Vanguard FTSE Europe ETF (NYSEARCA:VGK) Sees Large Volume Increase – Should You Buy?

Vanguard FTSE Europe ETF (NYSEARCA:VGK) saw unusually-high trading volume on Wednesday . Approximately 3,968,460 shares traded hands during mid-day 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 company has a market capitalization of $19.68 billion, a P/E ratio of 14.09 and a beta of 0.85. The stock has a fifty day moving average of $65.50 and a 200 day moving average of $67.28.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Asset Management One Co. Ltd. grew 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 worth $423,040,000 after purchasing an additional 57,834 shares in the last quarter. Blue Trust Inc. grew its holdings in 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 valued at $344,956,000 after buying an additional 76,585 shares in the last quarter. HighTower Advisors LLC raised its position in shares of Vanguard FTSE Europe ETF by 8.1% during the fourth quarter. HighTower Advisors LLC now owns 1,909,574 shares of the exchange traded fund’s stock valued at $121,201,000 after buying an additional 143,730 shares during the last quarter. Elm Partners Management LLC lifted its holdings in shares of Vanguard FTSE Europe ETF by 13.2% in the third quarter. Elm Partners Management LLC now owns 1,903,789 shares of the exchange traded fund’s stock worth $135,359,000 after buying an additional 222,398 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of Vanguard FTSE Europe ETF by 8.0% during the fourth 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 last quarter.

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.