Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) Reaches New 52-Week High – Should You Buy?

Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) shares reached a new 52-week high on Tuesday . The company traded as high as $220.87 and last traded at $220.81, with a volume of 16971 shares traded. The stock had previously closed at $220.16.

Vanguard S&P 500 Value ETF Price Performance

The firm has a market capitalization of $6.51 billion, a P/E ratio of 20.05 and a beta of 0.83. The stock’s 50-day simple moving average is $210.55 and its two-hundred day simple moving average is $208.69.

Hedge Funds Weigh In On Vanguard S&P 500 Value ETF

A number of hedge funds have recently modified their holdings of the company. Bank of America Corp DE boosted its position in shares of Vanguard S&P 500 Value ETF by 11.3% in the second quarter. Bank of America Corp DE now owns 2,036,566 shares of the company’s stock worth $384,320,000 after purchasing an additional 207,474 shares during the period. Corient Private Wealth LLC lifted its holdings in shares of Vanguard S&P 500 Value ETF by 97.7% in the second quarter. Corient Private Wealth LLC now owns 797,068 shares of the company’s stock worth $150,415,000 after buying an additional 393,914 shares in the last quarter. UBS Group AG lifted its holdings in shares of Vanguard S&P 500 Value ETF by 4.3% in the fourth quarter. UBS Group AG now owns 663,567 shares of the company’s stock worth $135,932,000 after buying an additional 27,553 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard S&P 500 Value ETF by 13.9% in the fourth quarter. JPMorgan Chase & Co. now owns 583,726 shares of the company’s stock worth $119,576,000 after buying an additional 71,121 shares in the last quarter. Finally, Cetera Investment Advisers lifted its holdings in shares of Vanguard S&P 500 Value ETF by 1.4% in the first quarter. Cetera Investment Advisers now owns 514,433 shares of the company’s stock worth $104,836,000 after buying an additional 6,963 shares in the last quarter.

About Vanguard S&P 500 Value ETF

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.