Vanguard S&P Small-Cap 600 Value ETF (NYSEARCA:VIOV) Hits New 1-Year High – Should You Buy?

Vanguard S&P Small-Cap 600 Value ETF (NYSEARCA:VIOV) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as $121.00 and last traded at $120.98, with a volume of 21472 shares. The stock had previously closed at $120.44.

Vanguard S&P Small-Cap 600 Value ETF Price Performance

The stock has a market capitalization of $1.91 billion, a price-to-earnings ratio of 13.90 and a beta of 1.00. The business’s 50-day simple moving average is $116.45 and its two-hundred day simple moving average is $110.06.

Hedge Funds Weigh In On Vanguard S&P Small-Cap 600 Value ETF

Several hedge funds and other institutional investors have recently made changes to their positions in VIOV. Concurrent Investment Advisors LLC acquired a new position in shares of Vanguard S&P Small-Cap 600 Value ETF in the fourth quarter worth about $17,476,000. MidFirst Bank purchased a new position in Vanguard S&P Small-Cap 600 Value ETF in the fourth quarter valued at about $4,470,000. Summit Wealth Group LLC Co. acquired a new stake in Vanguard S&P Small-Cap 600 Value ETF during the 4th quarter valued at approximately $2,389,000. Savant Capital LLC acquired a new stake in Vanguard S&P Small-Cap 600 Value ETF during the 4th quarter valued at approximately $24,121,000. Finally, D.A. Davidson & CO. increased its holdings in Vanguard S&P Small-Cap 600 Value ETF by 20.9% during the 1st quarter. D.A. Davidson & CO. now owns 52,380 shares of the company’s stock worth $5,329,000 after purchasing an additional 9,067 shares during the last quarter.

About Vanguard S&P Small-Cap 600 Value ETF

The Vanguard S&P Small-Cap 600 Value ETF (VIOV) is an exchange-traded fund that is based on the S&P Small Cap 600 Value index. The fund tracks a market cap-weighted index of small-cap value companies selected from the S&P 600. VIOV was launched on Sep 7, 2010 and is managed by Vanguard.