Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) Hits New 12-Month High – Here’s Why

Vanguard S&P 500 Value ETF (NYSEARCA:VOOV)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $218.20 and last traded at $218.12, with a volume of 63676 shares traded. The stock had previously closed at $216.74.

Vanguard S&P 500 Value ETF Trading Up 0.6%

The firm’s 50-day moving average is $209.61 and its 200 day moving average is $208.19. The firm has a market capitalization of $6.45 billion, a price-to-earnings ratio of 20.05 and a beta of 0.83.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Tull Financial Group Inc. raised its holdings in Vanguard S&P 500 Value ETF by 4.1% during the 4th quarter. Tull Financial Group Inc. now owns 1,257 shares of the company’s stock worth $257,000 after purchasing an additional 49 shares during the last quarter. Huntington National Bank raised its holdings in Vanguard S&P 500 Value ETF by 4.7% during the 4th quarter. Huntington National Bank now owns 1,117 shares of the company’s stock worth $229,000 after purchasing an additional 50 shares during the last quarter. Lido Advisors LLC raised its holdings in Vanguard S&P 500 Value ETF by 2.7% during the 3rd quarter. Lido Advisors LLC now owns 1,917 shares of the company’s stock worth $383,000 after purchasing an additional 50 shares during the last quarter. Optivise Advisory Services LLC raised its holdings in Vanguard S&P 500 Value ETF by 4.5% during the 4th quarter. Optivise Advisory Services LLC now owns 1,306 shares of the company’s stock worth $268,000 after purchasing an additional 56 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in Vanguard S&P 500 Value ETF by 16.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 395 shares of the company’s stock worth $73,000 after purchasing an additional 57 shares during 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.