Vanguard FTSE Europe ETF (NYSEARCA:VGK) Reaches New 52-Week High – Here’s What Happened

Vanguard FTSE Europe ETF (NYSEARCA:VGK) shares reached a new 52-week high on Wednesday . The stock traded as high as $91.96 and last traded at $91.84, with a volume of 1999289 shares. The stock had previously closed at $90.93.

Vanguard FTSE Europe ETF Price Performance

The firm has a market cap of $31.12 billion, a price-to-earnings ratio of 16.04 and a beta of 0.84. The firm’s fifty day moving average is $88.72 and its 200-day moving average is $87.25.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in VGK. JPMorgan Chase & Co. grew its stake in Vanguard FTSE Europe ETF by 11.7% during the fourth quarter. JPMorgan Chase & Co. now owns 44,594,011 shares of the exchange traded fund’s stock worth $3,728,505,000 after purchasing an additional 4,677,424 shares during the period. Municipal Employees Retirement System of Michigan lifted its stake in Vanguard FTSE Europe ETF by 3.4% in the fourth quarter. Municipal Employees Retirement System of Michigan now owns 9,136,296 shares of the exchange traded fund’s stock valued at $763,886,000 after buying an additional 300,845 shares during the period. Asset Management One Co. Ltd. lifted its stake in Vanguard FTSE Europe ETF by 0.7% in the fourth quarter. Asset Management One Co. Ltd. now owns 6,294,468 shares of the exchange traded fund’s stock valued at $526,658,000 after buying an additional 40,667 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Vanguard FTSE Europe ETF by 8.7% during the 4th quarter. Vanguard Group Inc. now owns 4,379,766 shares of the exchange traded fund’s stock worth $366,192,000 after buying an additional 349,648 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of Vanguard FTSE Europe ETF by 7.3% during the 1st quarter. Bank of America Corp DE now owns 3,564,266 shares of the exchange traded fund’s stock worth $293,802,000 after buying an additional 241,477 shares in 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. The Fund’s investment advisor is The Vanguard Group, Inc