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

Vanguard S&P 500 ETF (NYSEARCA:VOO)’s share price hit a new 52-week high on Monday . The stock traded as high as $552.30 and last traded at $552.03, with a volume of 668811 shares changing hands. The stock had previously closed at $547.47.

Vanguard S&P 500 ETF Price Performance

The stock has a 50-day moving average price of $534.05 and a 200-day moving average price of $512.41. The firm has a market capitalization of $500.37 billion, a PE ratio of 25.04 and a beta of 1.00.

Hedge Funds Weigh In On Vanguard S&P 500 ETF

A number of institutional investors have recently made changes to their positions in the business. City Holding Co. boosted its stake in Vanguard S&P 500 ETF by 3.3% during the 2nd quarter. City Holding Co. now owns 634 shares of the company’s stock valued at $317,000 after acquiring an additional 20 shares during the last quarter. Midwest Financial Group LLC lifted its position in shares of Vanguard S&P 500 ETF by 4.0% during the second quarter. Midwest Financial Group LLC now owns 517 shares of the company’s stock worth $259,000 after purchasing an additional 20 shares during the last quarter. Ballew Advisors Inc grew its stake in Vanguard S&P 500 ETF by 3.6% in the second quarter. Ballew Advisors Inc now owns 578 shares of the company’s stock worth $298,000 after purchasing an additional 20 shares in the last quarter. City Center Advisors LLC increased its holdings in Vanguard S&P 500 ETF by 3.1% in the third quarter. City Center Advisors LLC now owns 667 shares of the company’s stock valued at $352,000 after buying an additional 20 shares during the last quarter. Finally, Castleview Partners LLC raised its stake in Vanguard S&P 500 ETF by 1.6% during the third quarter. Castleview Partners LLC now owns 1,286 shares of the company’s stock valued at $678,000 after buying an additional 20 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.