HighTower Advisors LLC Reduces Holdings in Vanguard S&P 500 Value ETF $VOOV

HighTower Advisors LLC reduced its stake in Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) by 2.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 182,867 shares of the company’s stock after selling 4,654 shares during the period. HighTower Advisors LLC’s holdings in Vanguard S&P 500 Value ETF were worth $40,086,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Ascentis Independent Advisors purchased a new position in shares of Vanguard S&P 500 Value ETF in the first quarter worth $25,000. EverSource Wealth Advisors LLC bought a new stake in Vanguard S&P 500 Value ETF in the 4th quarter worth $27,000. Trust Co. of Vermont bought a new stake in Vanguard S&P 500 Value ETF in the 2nd quarter worth $28,000. Godfrey Financial Associates Inc. purchased a new position in shares of Vanguard S&P 500 Value ETF in the fourth quarter valued at about $31,000. Finally, Birchwood Financial Partners Inc. purchased a new position in shares of Vanguard S&P 500 Value ETF in the fourth quarter valued at about $34,000.

Vanguard S&P 500 Value ETF Trading Down 0.6%

Shares of NYSEARCA:VOOV opened at $227.35 on Wednesday. The company has a 50-day moving average price of $225.87 and a 200-day moving average price of $217.71. The company has a market cap of $6.70 billion, a price-to-earnings ratio of 20.05 and a beta of 0.82. Vanguard S&P 500 Value ETF has a 12 month low of $194.47 and a 12 month high of $231.65.

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.