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The latest flare-up in fighting probably won't force the European Central Bank's hand on Thursday, even as energy costs creep higher.
Analysts at ING said a surprise hike at Thursday's meeting “should not be fully ruled out.”
United Kingdom equities offer investors developed market exposure to resilient, globally diversified sector leaders in energy, healthcare, and finance through ETFs. However, exposure requires an understanding of how regional and country-specific funds handle allocations to the UK.
Allspring Global Investments Holdings LLC trimmed its stake in shares of Vanguard FTSE Europe ETF (NYSEARCA:VGK) by 23.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 285,884 shares of the exchange traded fund's stock after
Geneos Wealth Management Inc. decreased its holdings in shares of Vanguard FTSE Europe ETF (NYSEARCA:VGK) by 56.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,766 shares of the exchange traded fund's stock after selling 10,149 shares
Advisortrust Partners LLC bought a new position in Vanguard FTSE Europe ETF (NYSEARCA:VGK) in the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 7,110 shares of the exchange traded fund's stock, valued at approximately $586,000. A number of
The ECB hiked its key deposit rate by 25 basis points in June as energy prices spiked. Investors had written off a hike at next week's meeting, but higher oil prices have brought monetary policy back into question.
VGK ETF remains a sell due to persistent structural natural gas shortages and looming energy crisis risks in Europe. European gas inventories have steadily declined versus the five-year average, with a supply-demand shortfall of ~2 Bcf/day set to worsen after the Russian LNG ban. VGK offers diversification, a low expense ratio (0.06%), and a 2.9% yield but faces macro headwinds from energy scarcity and weak industrial output.