Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) Sets New 12-Month High – Still a Buy?

Shares of Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) reached a new 52-week high on Thursday . The company traded as high as $224.25 and last traded at $224.25, with a volume of 16781 shares changing hands. The stock had previously closed at $222.42.

Vanguard S&P 500 Value ETF Trading Down 0.5%

The firm has a market capitalization of $6.58 billion, a P/E ratio of 20.05 and a beta of 0.82. The stock has a 50 day simple moving average of $219.86 and a 200-day simple moving average of $213.25.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. NewEdge Advisors LLC lifted its position in Vanguard S&P 500 Value ETF by 16.1% during the first quarter. NewEdge Advisors LLC now owns 6,942 shares of the company’s stock valued at $1,279,000 after purchasing an additional 961 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Vanguard S&P 500 Value ETF by 38.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 200,825 shares of the company’s stock worth $36,990,000 after acquiring an additional 56,052 shares in the last quarter. Jane Street Group LLC raised its stake in Vanguard S&P 500 Value ETF by 49.5% during the 1st quarter. Jane Street Group LLC now owns 2,578 shares of the company’s stock worth $475,000 after acquiring an additional 854 shares during the period. Geneos Wealth Management Inc. lifted its holdings in Vanguard S&P 500 Value ETF by 16.9% during the first quarter. Geneos Wealth Management Inc. now owns 395 shares of the company’s stock valued at $73,000 after purchasing an additional 57 shares in the last quarter. Finally, Baird Financial Group Inc. increased its stake in shares of Vanguard S&P 500 Value ETF by 4.5% in the second quarter. Baird Financial Group Inc. now owns 9,787 shares of the company’s stock worth $1,847,000 after purchasing an additional 418 shares in the last quarter.

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.