Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) Sets New 52-Week High – Time to Buy?

Vanguard S&P 500 Value ETF (NYSEARCA:VOOV)’s share price reached a new 52-week high on Wednesday. The company traded as high as $233.84 and last traded at $233.6080, with a volume of 9,760 shares traded. The stock had previously closed at $230.07.

Vanguard S&P 500 Value ETF Trading Up 1.9%

The company has a market capitalization of $6.98 billion, a PE ratio of 20.05 and a beta of 0.83. The firm has a 50 day simple moving average of $226.81 and a two-hundred day simple moving average of $218.66.

Institutional Investors Weigh In On Vanguard S&P 500 Value ETF

Hedge funds have recently modified their holdings of the stock. Ascentis Independent Advisors purchased a new position in Vanguard S&P 500 Value ETF during the 1st quarter worth $25,000. Valley National Advisers Inc. acquired a new stake in shares of Vanguard S&P 500 Value ETF in the 3rd quarter worth $26,000. Trust Co. of Vermont acquired a new stake in shares of Vanguard S&P 500 Value ETF in the 2nd quarter worth $28,000. Latitude Advisors LLC purchased a new stake in shares of Vanguard S&P 500 Value ETF in the third quarter valued at about $111,000. Finally, Horizons Wealth Management purchased a new stake in shares of Vanguard S&P 500 Value ETF in the third quarter valued at about $137,000.

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.