Vanguard S&P 500 ETF (NYSEARCA:VOO) Sets New 1-Year High – Here’s Why

Vanguard S&P 500 ETF (NYSEARCA:VOO) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $654.90 and last traded at $653.33, with a volume of 3065383 shares traded. The stock had previously closed at $653.90.

Vanguard S&P 500 ETF Price Performance

The stock has a market cap of $890.95 billion, a PE ratio of 24.97 and a beta of 1.00. The firm’s 50 day moving average price is $621.11 and its two-hundred day moving average price is $624.35.

Hedge Funds Weigh In On Vanguard S&P 500 ETF

Several hedge funds have recently bought and sold shares of VOO. Vanguard Group Inc. lifted its position in Vanguard S&P 500 ETF by 3.0% during the fourth quarter. Vanguard Group Inc. now owns 39,068,508 shares of the company’s stock valued at $24,501,033,000 after purchasing an additional 1,141,931 shares during the last quarter. California Public Employees Retirement System increased its position in Vanguard S&P 500 ETF by 21.7% during the 4th quarter. California Public Employees Retirement System now owns 31,586,839 shares of the company’s stock valued at $19,809,054,000 after purchasing an additional 5,627,587 shares during the period. Raymond James Financial Inc. grew its position in shares of Vanguard S&P 500 ETF by 3.6% in the 4th quarter. Raymond James Financial Inc. now owns 29,347,563 shares of the company’s stock worth $18,404,737,000 after buying an additional 1,019,492 shares during the period. Canerector Inc. boosted its stake in Vanguard S&P 500 ETF by 61,151.6% in the 3rd quarter. Canerector Inc. now owns 27,648,957 shares of the company’s stock worth $16,931,668,000 after purchasing an additional 27,603,817 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in Vanguard S&P 500 ETF by 4.4% in the 4th quarter. Bank of America Corp DE now owns 27,086,989 shares of the company’s stock worth $16,987,064,000 after purchasing an additional 1,148,513 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. The Fund employs a passive management-or indexing-investment approach designed to track the performance of the Standard & Poor’s 500 Index.