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

Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) hit a new 52-week high during trading on Friday . The company traded as high as $197.05 and last traded at $197.05, with a volume of 10396 shares trading hands. The stock had previously closed at $195.58.

Vanguard S&P 500 Value ETF Stock Up 0.8 %

The firm has a market capitalization of $5.08 billion, a P/E ratio of 23.00 and a beta of 0.84. The business’s 50-day simple moving average is $191.45 and its 200 day simple moving average is $184.20.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Confluence Wealth Services Inc. grew its holdings in shares of Vanguard S&P 500 Value ETF by 2.8% in the second quarter. Confluence Wealth Services Inc. now owns 2,205 shares of the company’s stock worth $388,000 after purchasing an additional 60 shares during the last quarter. Guardian Wealth Management Inc. grew its holdings in shares of Vanguard S&P 500 Value ETF by 5.9% in the third quarter. Guardian Wealth Management Inc. now owns 1,277 shares of the company’s stock worth $244,000 after purchasing an additional 71 shares during the last quarter. HFG Advisors Inc. grew its holdings in shares of Vanguard S&P 500 Value ETF by 0.6% in the third quarter. HFG Advisors Inc. now owns 11,775 shares of the company’s stock worth $2,246,000 after purchasing an additional 72 shares during the last quarter. Sierra Capital LLC grew its holdings in shares of Vanguard S&P 500 Value ETF by 1.1% in the second quarter. Sierra Capital LLC now owns 6,628 shares of the company’s stock worth $1,165,000 after purchasing an additional 75 shares during the last quarter. Finally, Lowery Thomas LLC grew its holdings in shares of Vanguard S&P 500 Value ETF by 1.8% in the second quarter. Lowery Thomas LLC now owns 5,757 shares of the company’s stock worth $1,012,000 after purchasing an additional 100 shares during 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.