Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) Hits New 52-Week High – Still a Buy?

Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $220.87 and last traded at $220.81, with a volume of 16971 shares trading hands. The stock had previously closed at $220.16.

Vanguard S&P 500 Value ETF Trading Up 0.1%

The firm has a market cap of $6.51 billion, a PE ratio of 20.05 and a beta of 0.83. The firm’s 50 day simple moving average is $211.14 and its 200 day simple moving average is $208.97.

Institutional Trading of Vanguard S&P 500 Value ETF

A number of hedge funds have recently added to or reduced their stakes in VOOV. Bank of America Corp DE lifted its holdings in Vanguard S&P 500 Value ETF by 11.3% during the second quarter. Bank of America Corp DE now owns 2,036,566 shares of the company’s stock worth $384,320,000 after buying an additional 207,474 shares during the period. Corient Private Wealth LLC increased its holdings in shares of Vanguard S&P 500 Value ETF by 97.7% in the 2nd quarter. Corient Private Wealth LLC now owns 797,068 shares of the company’s stock valued at $150,415,000 after acquiring an additional 393,914 shares during the period. UBS Group AG raised its position in shares of Vanguard S&P 500 Value ETF by 4.3% in the 4th quarter. UBS Group AG now owns 663,567 shares of the company’s stock worth $135,932,000 after acquiring an additional 27,553 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Vanguard S&P 500 Value ETF by 13.9% in the 4th quarter. JPMorgan Chase & Co. now owns 583,726 shares of the company’s stock worth $119,576,000 after acquiring an additional 71,121 shares in the last quarter. Finally, Cetera Investment Advisers lifted its stake in shares of Vanguard S&P 500 Value ETF by 1.4% during the 1st quarter. Cetera Investment Advisers now owns 514,433 shares of the company’s stock worth $104,836,000 after purchasing an additional 6,963 shares during 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.