Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) Hits New 1-Year High – Here’s Why

Shares of Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) reached a new 52-week high during trading on Thursday. The stock traded as high as $232.41 and last traded at $232.4780, with a volume of 5,012 shares trading hands. The stock had previously closed at $231.07.

Vanguard S&P 500 Value ETF Price Performance

The stock has a market capitalization of $6.88 billion, a P/E ratio of 20.05 and a beta of 0.83. The stock’s fifty day moving average is $226.75 and its two-hundred day moving average is $218.45.

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

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