Vanguard S&P 500 Index ETF (TSE:VFV) Hits New 12-Month High – Here’s Why

Vanguard S&P 500 Index ETF (TSE:VFVGet Free Report)’s share price reached a new 52-week high on Friday . The stock traded as high as C$189.75 and last traded at C$189.67, with a volume of 110724 shares traded. The stock had previously closed at C$187.95.

Vanguard S&P 500 Index ETF Stock Performance

The firm’s 50-day simple moving average is C$182.50 and its 200-day simple moving average is C$172.11.

About Vanguard S&P 500 Index ETF

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The investment objective of Vanguard S&P 500 Index ETF (the ETF) is to track, to the extent reasonably possible and before fees and expenses, the performance of the S&P 500 Index (the Index). The Index is a market capitalization-weighted index that is designed to represent the returns of large-capitalization U.S. stocks. To achieve its investment objective, the ETF employs a passive management, or indexing, investment approach designed to track the performance of the Index by investing primarily in a U.S.-domiciled fund managed by The Vanguard Group, Inc hat seeks to track the Index.

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