Vanguard S&P 500 ETF (NYSEARCA:VOO) Hits New 12-Month High – Still a Buy?

Vanguard S&P 500 ETF (NYSEARCA:VOOGet Free Report)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $561.86 and last traded at $561.39, with a volume of 649939 shares. The stock had previously closed at $560.67.

Vanguard S&P 500 ETF Stock Up 0.0 %

The company has a market capitalization of $507.96 billion, a PE ratio of 25.04 and a beta of 1.00. The firm has a 50-day moving average of $549.88 and a two-hundred day moving average of $533.38.

Hedge Funds Weigh In On Vanguard S&P 500 ETF

Several institutional investors have recently made changes to their positions in the company. Alpha Financial Partners LLC increased its position in shares of Vanguard S&P 500 ETF by 3.0% in the third quarter. Alpha Financial Partners LLC now owns 1,830 shares of the company’s stock valued at $966,000 after buying an additional 53 shares in the last quarter. SOA Wealth Advisors LLC. raised its position in Vanguard S&P 500 ETF by 2.4% during the third quarter. SOA Wealth Advisors LLC. now owns 53,036 shares of the company’s stock worth $27,985,000 after acquiring an additional 1,235 shares during the period. Exchange Traded Concepts LLC purchased a new position in Vanguard S&P 500 ETF during the third quarter valued at $360,000. Vontobel Holding Ltd. acquired a new stake in shares of Vanguard S&P 500 ETF in the third quarter valued at about $264,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in shares of Vanguard S&P 500 ETF by 78.2% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 6,866 shares of the company’s stock worth $3,623,000 after purchasing an additional 3,014 shares in the last quarter.

About Vanguard S&P 500 ETF

(Get Free Report)

Vanguard 500 Index Fund (the Fund) is an open-end investment company, or mutual fund. The Fund offers four classes of shares: Investor Shares, Admiral Shares, Signal Shares, and Exchange Traded Fund (ETF) Shares. The Fund seeks to track the investment performance of the Standard & Poor’s 500 Index, an unmanaged benchmark representing the United States large-capitalization stocks.

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