Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) Sees Strong Trading Volume – Here’s Why

Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) shares saw unusually-high trading volume on Friday . Approximately 143,851 shares traded hands during trading, an increase of 45% from the previous session’s volume of 99,102 shares.The stock last traded at $209.05 and had previously closed at $209.83.

Vanguard S&P 500 Value ETF Trading Down 0.4%

The firm has a market cap of $6.07 billion, a price-to-earnings ratio of 20.05 and a beta of 0.89. The company has a fifty day moving average price of $205.56 and a 200-day moving average price of $199.69.

Institutional Investors Weigh In On Vanguard S&P 500 Value ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. NewEdge Advisors LLC lifted its holdings in Vanguard S&P 500 Value ETF by 16.1% in the 1st quarter. NewEdge Advisors LLC now owns 6,942 shares of the company’s stock valued at $1,279,000 after purchasing an additional 961 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in Vanguard S&P 500 Value ETF by 38.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 200,825 shares of the company’s stock worth $36,990,000 after purchasing an additional 56,052 shares in the last quarter. Jane Street Group LLC grew its position in shares of Vanguard S&P 500 Value ETF by 49.5% in the first quarter. Jane Street Group LLC now owns 2,578 shares of the company’s stock valued at $475,000 after purchasing an additional 854 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of Vanguard S&P 500 Value ETF by 16.9% in the first quarter. Geneos Wealth Management Inc. now owns 395 shares of the company’s stock valued at $73,000 after purchasing an additional 57 shares during the last quarter. Finally, Park Avenue Securities LLC lifted its position in Vanguard S&P 500 Value ETF by 6.4% during the second quarter. Park Avenue Securities LLC now owns 1,889 shares of the company’s stock worth $356,000 after buying an additional 113 shares in 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.