Vanguard S&P 500 ETF (NYSEARCA:VOO) Sets New 52-Week High – Here’s What Happened

Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $541.84 and last traded at $541.28, with a volume of 674359 shares trading hands. The stock had previously closed at $530.10.

Vanguard S&P 500 ETF Price Performance

The company has a market capitalization of $492.26 billion, a P/E ratio of 25.04 and a beta of 1.00. The company has a 50 day moving average of $523.35 and a 200-day moving average of $504.17.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its stake in Vanguard S&P 500 ETF by 95.8% in the 1st quarter. JPMorgan Chase & Co. now owns 21,245,952 shares of the company’s stock worth $10,212,930,000 after purchasing an additional 10,393,926 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of Vanguard S&P 500 ETF by 57,975.9% during the third quarter. International Assets Investment Management LLC now owns 7,915,751 shares of the company’s stock valued at $4,176,904,000 after acquiring an additional 7,902,121 shares in the last quarter. Strategic Financial Concepts LLC increased its position in shares of Vanguard S&P 500 ETF by 32,889.4% during the second quarter. Strategic Financial Concepts LLC now owns 7,252,393 shares of the company’s stock valued at $3,627,139,000 after acquiring an additional 7,230,409 shares in the last quarter. Steel Grove Capital Advisors LLC raised its holdings in Vanguard S&P 500 ETF by 557.5% in the 1st quarter. Steel Grove Capital Advisors LLC now owns 3,560,049 shares of the company’s stock worth $1,711,316,000 after acquiring an additional 3,018,626 shares during the last quarter. Finally, Vanguard Group Inc. lifted its position in Vanguard S&P 500 ETF by 11.1% in the 1st quarter. Vanguard Group Inc. now owns 25,386,297 shares of the company’s stock valued at $12,203,193,000 after acquiring an additional 2,546,192 shares in the last quarter.

Vanguard S&P 500 ETF Company Profile

Vanguard 500 Index Fund (the Fund) is an open-end investment company, or mutual fund. The Fund offers four classes of shares: Investor Shares, Admiral Shares, Signal Shares, and Exchange Traded Fund (ETF) Shares. The Fund seeks to track the investment performance of the Standard & Poor’s 500 Index, an unmanaged benchmark representing the United States large-capitalization stocks.