Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) Sets New 1-Year High – Time to Buy?

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

Vanguard S&P 500 Value ETF Trading Up 0.8%

The company has a fifty day moving average price of $209.99 and a two-hundred day moving average price of $208.42. The firm has a market capitalization of $6.51 billion, a price-to-earnings ratio of 20.05 and a beta of 0.83.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bank of America Corp DE increased its stake in shares of Vanguard S&P 500 Value ETF by 1.4% in the 1st quarter. Bank of America Corp DE now owns 1,866,106 shares of the company’s stock worth $380,294,000 after acquiring an additional 25,441 shares during the last quarter. Centaurus Financial Inc. boosted its position in shares of Vanguard S&P 500 Value ETF by 4.3% during the 1st quarter. Centaurus Financial Inc. now owns 6,989 shares of the company’s stock valued at $1,424,000 after acquiring an additional 285 shares during the last quarter. Royal Bank of Canada boosted its position in shares of Vanguard S&P 500 Value ETF by 17.8% during the 1st quarter. Royal Bank of Canada now owns 106,095 shares of the company’s stock valued at $21,621,000 after acquiring an additional 16,004 shares during the last quarter. Lazard Asset Management LLC grew its holdings in shares of Vanguard S&P 500 Value ETF by 1.3% in the first quarter. Lazard Asset Management LLC now owns 15,829 shares of the company’s stock valued at $3,226,000 after purchasing an additional 203 shares during the period. Finally, Waverly Advisors LLC grew its holdings in shares of Vanguard S&P 500 Value ETF by 9.6% in the first quarter. Waverly Advisors LLC now owns 2,656 shares of the company’s stock valued at $541,000 after purchasing an additional 233 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.