Vanguard S&P 500 Growth ETF (NYSEARCA:VOOG) Stock Breaks Below 200-Day Moving Average – Should You Sell?

Vanguard S&P 500 Growth ETF (NYSEARCA:VOOG) shares crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $79.38 and traded as low as $77.11. Vanguard S&P 500 Growth ETF shares last traded at $77.18, with a volume of 3,136,875 shares changing hands.

Vanguard S&P 500 Growth ETF Stock Performance

The business has a fifty day simple moving average of $84.30 and a 200 day simple moving average of $79.38. The stock has a market capitalization of $25.10 billion, a price-to-earnings ratio of 31.89 and a beta of 1.17.

Institutional Investors Weigh In On Vanguard S&P 500 Growth ETF

A number of hedge funds and other institutional investors have recently modified their holdings of VOOG. Envestnet Asset Management Inc. grew its position in Vanguard S&P 500 Growth ETF by 544.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,593,425 shares of the company’s stock worth $214,269,000 after acquiring an additional 2,190,751 shares during the last quarter. Corient Private Wealth LP increased its holdings in Vanguard S&P 500 Growth ETF by 406.6% in the 2nd quarter. Corient Private Wealth LP now owns 1,080,873 shares of the company’s stock worth $89,302,000 after purchasing an additional 867,521 shares in the last quarter. Arista Wealth Management LLC raised its position in Vanguard S&P 500 Growth ETF by 486.0% in the second quarter. Arista Wealth Management LLC now owns 1,054,603 shares of the company’s stock valued at $87,131,000 after purchasing an additional 874,638 shares during the last quarter. Joel Isaacson & Co. LLC raised its position in Vanguard S&P 500 Growth ETF by 2.0% in the third quarter. Joel Isaacson & Co. LLC now owns 927,060 shares of the company’s stock valued at $79,245,000 after purchasing an additional 18,396 shares during the last quarter. Finally, Shakespeare Wealth Management LLC raised its position in Vanguard S&P 500 Growth ETF by 5.5% in the third quarter. Shakespeare Wealth Management LLC now owns 885,164 shares of the company’s stock valued at $75,664,000 after purchasing an additional 46,010 shares during the last quarter.

About Vanguard S&P 500 Growth ETF

The Vanguard S&P 500 Growth ETF (VOOG) is an exchange-traded fund that is based on the S&P 500 Growth index. The fund tracks an index of U.S. large-cap growth stocks VOOG was launched on Sep 7, 2010 and is managed by Vanguard.