Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) Sets New 52-Week High – Here’s Why

Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $197.05 and last traded at $197.05, with a volume of 10396 shares traded. The stock had previously closed at $195.58.

Vanguard S&P 500 Value ETF Price Performance

The firm has a fifty day moving average price of $191.27 and a 200 day moving average price of $184.00. The firm has a market capitalization of $5.07 billion, a PE ratio of 23.00 and a beta of 0.84.

Institutional Investors Weigh In On Vanguard S&P 500 Value ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Confluence Wealth Services Inc. increased its position in Vanguard S&P 500 Value ETF by 2.8% in the 2nd quarter. Confluence Wealth Services Inc. now owns 2,205 shares of the company’s stock worth $388,000 after purchasing an additional 60 shares during the last quarter. Guardian Wealth Management Inc. raised its position in Vanguard S&P 500 Value ETF by 5.9% during the third quarter. Guardian Wealth Management Inc. now owns 1,277 shares of the company’s stock valued at $244,000 after acquiring an additional 71 shares in the last quarter. HFG Advisors Inc. lifted its stake in Vanguard S&P 500 Value ETF by 0.6% in the third quarter. HFG Advisors Inc. now owns 11,775 shares of the company’s stock valued at $2,246,000 after acquiring an additional 72 shares during the last quarter. Sierra Capital LLC grew its position in Vanguard S&P 500 Value ETF by 1.1% in the second quarter. Sierra Capital LLC now owns 6,628 shares of the company’s stock worth $1,165,000 after acquiring an additional 75 shares in the last quarter. Finally, Lowery Thomas LLC raised its holdings in shares of Vanguard S&P 500 Value ETF by 1.8% during the 2nd quarter. Lowery Thomas LLC now owns 5,757 shares of the company’s stock valued at $1,012,000 after purchasing an additional 100 shares in the last quarter.

Vanguard S&P 500 Value ETF Company Profile

The Vanguard S&P 500 Value ETF (VOOV) is an exchange-traded fund that is based on the S&P 500 Value index. The fund tracks an index of large- and mid-cap value-style securities from the Committee-selected S&P 500. VOOV was launched on Sep 7, 2010 and is managed by Vanguard.