Today’s ETF On Watch: Vanguard FTSE Europe ETF Registered $-93.50M Redemptions Following -0.90% AUM Decrease

Today's ETF On Watch: Vanguard FTSE Europe ETF Registered $ 93.50M Redemptions Following  0.90% AUM Decrease

Today were reported Vanguard FTSE Europe ETF (NYSEARCA:VGK)‘s daily net flows. The ETF registered $-93.50M asset outflows for -0.90% decrease, reaching $10297.32M after yestarday’s trading session. The chart of Vanguard FTSE Europe ETF shows negative short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The ETF increased 0.51% or $0.24 on November 9, hitting $47.14. It is down 1.75% since April 8, 2016 and is downtrending. It has underperformed by 7.40% the S&P500.

The ETF’s YTD performance is -2.76%, the 1 year is -6.49% and the 3 year is -2.7%.

The ETF’s average P/E ratio is 16.72, the price to book is 1.71, the price to sales is 1.1 and the price to cashflow is 6. Vanguard FTSE Europe ETF is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: NESTLE SA CHF0.10 (REGD) for 2.76% of assets, NOVARTIS AG CHF0.50 (REGD) for 2.11%, ROCHE HLDGS AG GENUSSCHEINE NPV for 2.02%, HSBC Holdings PLC for 1.69%, British American Tobacco PLC for 1.35%, BP PLC for 1.24%, Royal Dutch Shell PLC Class A for 1.22%, ANHEUSER-BUSCH INB NPV for 1.19%, GlaxoSmithKline PLC for 1.18%, Total SA for 1.16%. The ETF sector weights are: Basic Materials 8.62%, Consumer Cyclical 11.08%, Financial Services 17.07%, Realestate 2.58%, Consumer Defensive 14.90%, Healthcare 13.33%, Utilities 3.65%, Communication Services 4.51%, Energy 6.57%, Industrials 12.67%, Technology 5.03%. The ETF currently as 0% yield.

More notable recent Vanguard FTSE Europe ETF (NYSEARCA:VGK) news were published by: Seekingalpha.com which released: “European Company Margins Under Pressure As Costs Rise” on November 10, 2016, also Etfdailynews.com with their article: “BlackRock: International Stocks Look Better Than U.S. Right Now” published on November 04, 2016, Etfdailynews.com published: “Investors Head for the Exits on European ETFs” on August 11, 2016. More interesting news about Vanguard FTSE Europe ETF (NYSEARCA:VGK) were released by: Etfdailynews.com and their article: “European Manufacturing Surges — Time to Buy?” published on October 26, 2016 as well as Seekingalpha.com‘s news article titled: “Pregabalin” with publication date: November 09, 2016.

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