Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) Hits New 12-Month High – Here’s Why

Vanguard S&P 500 Value ETF (NYSEARCA:VOOV)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $218.20 and last traded at $218.12, with a volume of 63676 shares traded. The stock had previously closed at $216.74.

Vanguard S&P 500 Value ETF Stock Performance

The firm’s fifty day simple moving average is $209.61 and its 200-day simple moving average is $208.19. The stock has a market cap of $6.45 billion, a P/E ratio of 20.05 and a beta of 0.83.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Tull Financial Group Inc. increased its stake in shares of Vanguard S&P 500 Value ETF by 4.1% in the 4th quarter. Tull Financial Group Inc. now owns 1,257 shares of the company’s stock valued at $257,000 after acquiring an additional 49 shares in the last quarter. Huntington National Bank increased its stake in shares of Vanguard S&P 500 Value ETF by 4.7% in the 4th quarter. Huntington National Bank now owns 1,117 shares of the company’s stock valued at $229,000 after acquiring an additional 50 shares in the last quarter. Lido Advisors LLC increased its stake in shares of Vanguard S&P 500 Value ETF by 2.7% in the 3rd quarter. Lido Advisors LLC now owns 1,917 shares of the company’s stock valued at $383,000 after acquiring an additional 50 shares in the last quarter. Optivise Advisory Services LLC increased its stake in shares of Vanguard S&P 500 Value ETF by 4.5% in the 4th quarter. Optivise Advisory Services LLC now owns 1,306 shares of the company’s stock valued at $268,000 after acquiring an additional 56 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in shares of Vanguard S&P 500 Value ETF by 16.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 395 shares of the company’s stock valued at $73,000 after acquiring an additional 57 shares in 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.