Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) Sets New 1-Year High – Should You Buy?

Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) reached a new 52-week high on Monday . The company traded as high as $223.00 and last traded at $222.91, with a volume of 37200 shares trading hands. The stock had previously closed at $222.30.

Vanguard S&P 500 Value ETF Stock Down 0.8%

The stock has a market cap of $6.51 billion, a price-to-earnings ratio of 20.05 and a beta of 0.82. The company’s 50-day moving average is $218.66 and its 200-day moving average is $212.38.

Hedge Funds Weigh In On Vanguard S&P 500 Value ETF

Several hedge funds and other institutional investors have recently modified their holdings of VOOV. Hardin Capital Partners LLC boosted its stake in Vanguard S&P 500 Value ETF by 8.5% in the 2nd quarter. Hardin Capital Partners LLC now owns 1,656 shares of the company’s stock valued at $364,000 after buying an additional 130 shares in the last quarter. Graves Light Lenhart Wealth Inc. raised its stake in Vanguard S&P 500 Value ETF by 12.3% during the second quarter. Graves Light Lenhart Wealth Inc. now owns 79,037 shares of the company’s stock worth $17,326,000 after acquiring an additional 8,655 shares in the last quarter. Harbor Investment Advisory LLC bought a new position in shares of Vanguard S&P 500 Value ETF during the second quarter valued at $287,000. CoreCap Advisors LLC lifted its holdings in shares of Vanguard S&P 500 Value ETF by 8.4% during the second quarter. CoreCap Advisors LLC now owns 7,683 shares of the company’s stock valued at $1,684,000 after acquiring an additional 596 shares during the period. Finally, Security Financial Services INC. boosted its stake in shares of Vanguard S&P 500 Value ETF by 1.8% in the 1st quarter. Security Financial Services INC. now owns 5,390 shares of the company’s stock valued at $1,098,000 after purchasing an additional 96 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.