Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) Shares Sold by Valmark Advisers Inc.

Valmark Advisers Inc. decreased its stake in shares of Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) by 27.1% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 13,559 shares of the company’s stock after selling 5,047 shares during the quarter. Valmark Advisers Inc.’s holdings in Vanguard S&P 500 Value ETF were worth $2,497,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Highline Wealth Partners LLC acquired a new position in Vanguard S&P 500 Value ETF in the 1st quarter valued at about $26,000. Vermillion Wealth Management Inc. acquired a new position in Vanguard S&P 500 Value ETF in the fourth quarter valued at approximately $55,000. Ameriflex Group Inc. acquired a new position in Vanguard S&P 500 Value ETF in the fourth quarter valued at approximately $65,000. NBC Securities Inc. purchased a new position in Vanguard S&P 500 Value ETF in the first quarter worth approximately $92,000. Finally, Minot DeBlois Advisors LLC acquired a new stake in Vanguard S&P 500 Value ETF during the fourth quarter worth $102,000.

Vanguard S&P 500 Value ETF Price Performance

NYSEARCA VOOV opened at $185.96 on Tuesday. The stock has a market capitalization of $5.41 billion, a P/E ratio of 20.05 and a beta of 0.89. The firm’s 50-day moving average is $180.63 and its two-hundred day moving average is $183.76. Vanguard S&P 500 Value ETF has a 12 month low of $159.99 and a 12 month high of $199.72.

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.