Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) Reaches New 12-Month High – Should You Buy?

Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) hit a new 52-week high on Monday . The company traded as high as $208.00 and last traded at $207.92, with a volume of 47275 shares traded. The stock had previously closed at $205.61.

Vanguard S&P 500 Value ETF Price Performance

The business has a 50-day moving average of $203.90 and a two-hundred day moving average of $198.19. The company has a market cap of $5.94 billion, a P/E ratio of 20.05 and a beta of 0.89.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of VOOV. Bank of America Corp DE lifted its position in Vanguard S&P 500 Value ETF by 11.3% during the second quarter. Bank of America Corp DE now owns 2,036,566 shares of the company’s stock valued at $384,320,000 after acquiring an additional 207,474 shares during the last quarter. Corient Private Wealth LLC increased its position in shares of Vanguard S&P 500 Value ETF by 97.7% during the second quarter. Corient Private Wealth LLC now owns 797,068 shares of the company’s stock worth $150,415,000 after purchasing an additional 393,914 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Vanguard S&P 500 Value ETF by 4.3% during the third quarter. JPMorgan Chase & Co. now owns 512,605 shares of the company’s stock worth $102,249,000 after purchasing an additional 20,917 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Vanguard S&P 500 Value ETF by 5.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 383,133 shares of the company’s stock valued at $72,954,000 after purchasing an additional 18,426 shares during the last quarter. Finally, Avantax Advisory Services Inc. boosted its position in shares of Vanguard S&P 500 Value ETF by 1.1% in the 2nd quarter. Avantax Advisory Services Inc. now owns 377,023 shares of the company’s stock worth $71,148,000 after purchasing an additional 4,112 shares in the last quarter.

About Vanguard S&P 500 Value ETF

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.