Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) Reaches New 1-Year High – Time to Buy?

Vanguard S&P 500 Value ETF (NYSEARCA:VOOV)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $210.76 and last traded at $209.99, with a volume of 9429 shares trading hands. The stock had previously closed at $209.99.

Vanguard S&P 500 Value ETF Trading Down 0.2%

The company’s fifty day moving average is $205.13 and its 200-day moving average is $199.21. The firm has a market capitalization of $6.10 billion, a P/E ratio of 20.05 and a beta of 0.89.

Hedge Funds Weigh In On Vanguard S&P 500 Value ETF

A number of institutional investors have recently made changes to their positions in VOOV. Brookstone Capital Management grew its holdings in Vanguard S&P 500 Value ETF by 2.9% in the 4th quarter. Brookstone Capital Management now owns 6,250 shares of the company’s stock valued at $1,280,000 after buying an additional 179 shares during the last quarter. Sherman Wealth Management LLC acquired a new stake in shares of Vanguard S&P 500 Value ETF in the fourth quarter worth $989,000. ORG Wealth Partners LLC increased its position in Vanguard S&P 500 Value ETF by 44.4% during the fourth quarter. ORG Wealth Partners LLC now owns 1,632 shares of the company’s stock worth $334,000 after acquiring an additional 502 shares during the period. CoreCap Advisors LLC raised its stake in Vanguard S&P 500 Value ETF by 2.2% during the 4th quarter. CoreCap Advisors LLC now owns 6,371 shares of the company’s stock valued at $1,305,000 after purchasing an additional 138 shares during the last quarter. Finally, Balanced Wealth Group LLC raised its stake in Vanguard S&P 500 Value ETF by 1.8% during the 4th quarter. Balanced Wealth Group LLC now owns 20,497 shares of the company’s stock valued at $4,100,000 after purchasing an additional 371 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.