Vanguard S&P 500 Growth ETF (NYSEARCA:VOOG) Sets New 52-Week High – Time to Buy?

Vanguard S&P 500 Growth ETF (NYSEARCA:VOOG) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $379.31 and last traded at $379.25, with a volume of 126342 shares traded. The stock had previously closed at $376.44.

Vanguard S&P 500 Growth ETF Trading Up 1.1 %

The firm has a market cap of $12.87 billion, a price-to-earnings ratio of 28.04 and a beta of 1.13. The firm’s 50-day moving average is $358.31 and its 200-day moving average is $341.38.

Institutional Trading of Vanguard S&P 500 Growth ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Sequoia Financial Advisors LLC purchased a new stake in shares of Vanguard S&P 500 Growth ETF in the third quarter valued at about $1,186,000. Foundations Investment Advisors LLC grew its position in Vanguard S&P 500 Growth ETF by 4.3% in the 3rd quarter. Foundations Investment Advisors LLC now owns 1,598 shares of the company’s stock worth $552,000 after purchasing an additional 66 shares in the last quarter. GAMMA Investing LLC bought a new position in shares of Vanguard S&P 500 Growth ETF during the 3rd quarter worth approximately $45,000. Envestnet Portfolio Solutions Inc. boosted its stake in shares of Vanguard S&P 500 Growth ETF by 16.8% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 3,999 shares of the company’s stock worth $1,333,000 after buying an additional 575 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its holdings in shares of Vanguard S&P 500 Growth ETF by 1.3% in the third quarter. Thrivent Financial for Lutherans now owns 6,361 shares of the company’s stock valued at $2,200,000 after acquiring an additional 82 shares in 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.