Vanguard Communication Services ETF (NYSEARCA:VOX) Sees Unusually-High Trading Volume – Time to Buy?
by Mitch Edgeman · The Markets DailyShares of Vanguard Communication Services ETF (NYSEARCA:VOX – Get Free Report) saw unusually-strong trading volume on Monday . Approximately 615,460 shares changed hands during trading, an increase of 154% from the previous session’s volume of 242,349 shares.The stock last traded at $174.16 and had previously closed at $172.79.
Vanguard Communication Services ETF Price Performance
The company has a market capitalization of $5.88 billion, a P/E ratio of 18.46 and a beta of 1.07. The firm has a fifty day moving average price of $189.20 and a 200-day moving average price of $189.04.
Institutional Investors Weigh In On Vanguard Communication Services ETF
Hedge funds have recently made changes to their positions in the business. Core Wealth Advisors LLC bought a new position in Vanguard Communication Services ETF during the fourth quarter valued at about $25,000. Reflection Asset Management bought a new stake in Vanguard Communication Services ETF in the fourth quarter worth about $30,000. Godfrey Financial Associates Inc. bought a new stake in Vanguard Communication Services ETF in the fourth quarter worth about $30,000. Field & Main Bank purchased a new position in Vanguard Communication Services ETF in the fourth quarter valued at about $33,000. Finally, Monetary Solutions Ltd purchased a new position in Vanguard Communication Services ETF in the fourth quarter valued at about $34,000.
About Vanguard Communication Services ETF
Vanguard Telecommunication Services ETF (the Fund) seeks to track the performance of a benchmark index that measures the investment return of telecommunication services stocks. The Fund seeks to track the performance of the MSCI US Investable Market Telecommunication Services 25/50 Index. The MSCI US Investable Market Telecommunication Services 25/50 Index includes stocks of the United States companies within the telecommunication services sector. The sector is made up of companies that provide communications services primarily through fixed-line, cellular, wireless, high-bandwidth, and/or fiber-optic cable networks.