Vanguard S&P 500 ETF (NYSEARCA:VOO) Reaches New 1-Year High – Should You Buy?

Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $563.92 and last traded at $563.67, with a volume of 3851301 shares. The stock had previously closed at $562.31.

Vanguard S&P 500 ETF Price Performance

The company has a 50 day simple moving average of $550.24 and a 200-day simple moving average of $534.96. The stock has a market cap of $510.66 billion, a P/E ratio of 25.04 and a beta of 1.00.

Institutional Investors Weigh In On Vanguard S&P 500 ETF

Hedge funds have recently added to or reduced their stakes in the company. Your Advocates Ltd. LLP purchased a new position in shares of Vanguard S&P 500 ETF in the fourth quarter worth about $29,000. Asset Management One Co. Ltd. increased its holdings in shares of Vanguard S&P 500 ETF by 185.0% in the fourth quarter. Asset Management One Co. Ltd. now owns 57 shares of the company’s stock worth $31,000 after buying an additional 37 shares during the period. Delos Wealth Advisors LLC increased its holdings in shares of Vanguard S&P 500 ETF by 166.7% in the fourth quarter. Delos Wealth Advisors LLC now owns 80 shares of the company’s stock worth $43,000 after buying an additional 50 shares during the period. Prospera Private Wealth LLC purchased a new position in shares of Vanguard S&P 500 ETF in the third quarter worth about $46,000. Finally, Measured Risk Portfolios Inc. purchased a new position in shares of Vanguard S&P 500 ETF in the fourth quarter worth about $48,000.

About Vanguard S&P 500 ETF

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.