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

Vanguard S&P 500 ETF (NYSEARCA:VOO) hit a new 52-week high on Friday . The stock traded as high as $561.86 and last traded at $561.39, with a volume of 649939 shares. The stock had previously closed at $560.67.

Vanguard S&P 500 ETF Stock Up 0.0 %

The firm has a market cap of $507.96 billion, a PE ratio of 25.04 and a beta of 1.00. The stock has a 50 day moving average price of $549.88 and a two-hundred day moving average price of $533.38.

Hedge Funds Weigh In On Vanguard S&P 500 ETF

Several hedge funds have recently made changes to their positions in VOO. Nova R Wealth Inc. purchased a new position in shares of Vanguard S&P 500 ETF in the fourth quarter worth about $200,000. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in Vanguard S&P 500 ETF by 78.2% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 6,866 shares of the company’s stock worth $3,623,000 after buying an additional 3,014 shares during the last quarter. Gilliland Jeter Wealth Management LLC lifted its stake in Vanguard S&P 500 ETF by 241.9% during the 4th quarter. Gilliland Jeter Wealth Management LLC now owns 424 shares of the company’s stock valued at $228,000 after acquiring an additional 300 shares during the period. GAMMA Investing LLC boosted its holdings in shares of Vanguard S&P 500 ETF by 23.3% in the 4th quarter. GAMMA Investing LLC now owns 1,573 shares of the company’s stock valued at $848,000 after acquiring an additional 297 shares during the last quarter. Finally, IMC Chicago LLC purchased a new position in shares of Vanguard S&P 500 ETF during the fourth quarter worth $149,758,000.

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.