Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) Hits New 1-Year High – What’s Next?

Shares of Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) hit a new 52-week high during trading on Wednesday. The company traded as high as $233.84 and last traded at $233.6080, with a volume of 9,760 shares trading hands. The stock had previously closed at $230.07.

Vanguard S&P 500 Value ETF Stock Down 2.8%

The company has a market capitalization of $6.80 billion, a price-to-earnings ratio of 20.05 and a beta of 0.83. The stock has a 50 day simple moving average of $226.90 and a 200 day simple moving average of $218.87.

Institutional Trading of Vanguard S&P 500 Value ETF

Hedge funds have recently made changes to their positions in the stock. BlackRock Inc. lifted its stake in shares of Vanguard S&P 500 Value ETF by 40.5% in the 2nd quarter. BlackRock Inc. now owns 10,897 shares of the company’s stock worth $2,389,000 after acquiring an additional 3,141 shares during the period. Lowery Thomas LLC increased its stake in shares of Vanguard S&P 500 Value ETF by 409.2% during the second quarter. Lowery Thomas LLC now owns 31,153 shares of the company’s stock valued at $6,829,000 after acquiring an additional 25,035 shares during the period. Cetera Investment Advisers raised its holdings in Vanguard S&P 500 Value ETF by 1.4% during the first quarter. Cetera Investment Advisers now owns 514,433 shares of the company’s stock worth $104,836,000 after purchasing an additional 6,963 shares in the last quarter. First Bancorp Inc ME bought a new stake in Vanguard S&P 500 Value ETF during the second quarter worth approximately $3,965,000. Finally, Rodgers & Associates LTD lifted its position in Vanguard S&P 500 Value ETF by 199.2% in the second quarter. Rodgers & Associates LTD now owns 7,617 shares of the company’s stock worth $1,670,000 after purchasing an additional 5,071 shares during the period.

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.