PNC Financial Services Group Inc. Cuts Stake in Vanguard FTSE Europe ETF (NYSEARCA:VGK)

PNC Financial Services Group Inc. reduced its stake in Vanguard FTSE Europe ETF (NYSEARCA:VGK) by 3.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 101,315 shares of the exchange traded fund’s stock after selling 3,088 shares during the period. PNC Financial Services Group Inc.’s holdings in Vanguard FTSE Europe ETF were worth $6,430,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VGK. EFG Asset Management Americas Corp. lifted its holdings in Vanguard FTSE Europe ETF by 11.6% during the fourth quarter. EFG Asset Management Americas Corp. now owns 54,677 shares of the exchange traded fund’s stock valued at $3,470,000 after purchasing an additional 5,693 shares during the last quarter. Ashton Thomas Private Wealth LLC lifted its holdings in Vanguard FTSE Europe ETF by 20.6% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 12,563 shares of the exchange traded fund’s stock valued at $797,000 after purchasing an additional 2,144 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Vanguard FTSE Europe ETF during the fourth quarter valued at about $19,460,000. Promus Capital LLC purchased a new stake in Vanguard FTSE Europe ETF during the fourth quarter valued at about $3,720,000. Finally, M&T Bank Corp purchased a new stake in Vanguard FTSE Europe ETF during the fourth quarter valued at about $216,000.

Vanguard FTSE Europe ETF Stock Up 0.3 %

Shares of VGK opened at $71.58 on Thursday. The business’s 50-day moving average price is $68.00 and its 200-day moving average price is $67.75. Vanguard FTSE Europe ETF has a twelve month low of $62.58 and a twelve month high of $73.40. The stock has a market cap of $25.85 billion, a PE ratio of 17.59 and a beta of 0.99.

Vanguard FTSE Europe ETF 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.