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 Thursday . The company traded as high as $538.33 and last traded at $537.14, with a volume of 550240 shares changing hands. The stock had previously closed at $535.22.

Vanguard S&P 500 ETF Trading Up 0.4 %

The stock has a market cap of $486.70 billion, a P/E ratio of 25.04 and a beta of 1.00. The company’s 50 day moving average price is $516.17 and its two-hundred day moving average price is $497.92.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in VOO. Marquette Asset Management LLC purchased a new position in Vanguard S&P 500 ETF during the third quarter valued at $36,000. Elevate Wealth Advisory Inc. bought a new position in shares of Vanguard S&P 500 ETF during the 1st quarter valued at approximately $39,000. AlphaMark Advisors LLC increased its holdings in Vanguard S&P 500 ETF by 641.7% in the 1st quarter. AlphaMark Advisors LLC now owns 89 shares of the company’s stock worth $43,000 after acquiring an additional 77 shares in the last quarter. Abich Financial Wealth Management LLC bought a new stake in Vanguard S&P 500 ETF during the 2nd quarter worth approximately $50,000. Finally, Mendota Financial Group LLC purchased a new position in Vanguard S&P 500 ETF during the third quarter valued at approximately $53,000.

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.