Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) Sets New 12-Month High – Should You Buy?

Vanguard S&P 500 Value ETF (NYSEARCA:VOOV)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $194.76 and last traded at $194.31, with a volume of 12244 shares trading hands. The stock had previously closed at $189.91.

Vanguard S&P 500 Value ETF Stock Up 2.4 %

The firm has a market capitalization of $5.01 billion, a P/E ratio of 23.00 and a beta of 0.84. The firm’s 50-day simple moving average is $189.59 and its 200-day simple moving average is $182.43.

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

A number of hedge funds have recently made changes to their positions in VOOV. Heritage Wealth Advisors increased its stake in shares of Vanguard S&P 500 Value ETF by 140,231.7% in the first quarter. Heritage Wealth Advisors now owns 4,678,658 shares of the company’s stock worth $844,357,000 after buying an additional 4,675,324 shares during the period. Mather Group LLC. boosted its stake in Vanguard S&P 500 Value ETF by 3,106.2% in the 2nd quarter. Mather Group LLC. now owns 117,573 shares of the company’s stock worth $21,218,000 after purchasing an additional 113,906 shares in the last quarter. Avantax Advisory Services Inc. boosted its stake in Vanguard S&P 500 Value ETF by 181.9% in the 1st quarter. Avantax Advisory Services Inc. now owns 165,069 shares of the company’s stock worth $29,790,000 after purchasing an additional 106,520 shares in the last quarter. Cetera Investment Advisers boosted its stake in Vanguard S&P 500 Value ETF by 258.4% in the 1st quarter. Cetera Investment Advisers now owns 78,429 shares of the company’s stock worth $14,154,000 after purchasing an additional 56,548 shares in the last quarter. Finally, Williams Financial LLC bought a new position in Vanguard S&P 500 Value ETF in the 2nd quarter worth about $6,663,000.

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.