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

Shares of Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) hit a new 52-week high during trading on Wednesday . The stock traded as high as $205.07 and last traded at $204.92, with a volume of 34661 shares changing hands. The stock had previously closed at $204.02.

Vanguard S&P 500 Value ETF Price Performance

The stock has a market capitalization of $5.81 billion, a PE ratio of 20.05 and a beta of 0.89. The stock’s 50 day moving average is $199.85 and its two-hundred day moving average is $192.27.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in VOOV. Quaker Wealth Management LLC lifted its stake in Vanguard S&P 500 Value ETF by 200.0% in the second quarter. Quaker Wealth Management LLC now owns 276 shares of the company’s stock valued at $52,000 after buying an additional 552 shares during the last quarter. IMA Advisory Services Inc. acquired a new stake in Vanguard S&P 500 Value ETF during the 3rd quarter worth approximately $63,000. AdvisorNet Financial Inc purchased a new position in shares of Vanguard S&P 500 Value ETF in the 2nd quarter valued at approximately $64,000. Geneos Wealth Management Inc. grew its stake in shares of Vanguard S&P 500 Value ETF by 16.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 395 shares of the company’s stock valued at $73,000 after purchasing an additional 57 shares during the last quarter. Finally, AlphaCore Capital LLC purchased a new stake in shares of Vanguard S&P 500 Value ETF during the first quarter worth approximately $82,000.

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.