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

Vanguard S&P 500 ETF (NYSEARCA:VOO) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $541.84 and last traded at $541.28, with a volume of 674359 shares trading hands. The stock had previously closed at $530.10.

Vanguard S&P 500 ETF Stock Up 2.5 %

The stock has a market capitalization of $492.26 billion, a PE ratio of 25.04 and a beta of 1.00. The firm’s fifty day moving average price is $523.35 and its two-hundred day moving average price is $504.17.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of VOO. Marquette Asset Management LLC purchased a new position in shares of Vanguard S&P 500 ETF in the third quarter worth approximately $36,000. Abich Financial Wealth Management LLC bought a new stake in shares of Vanguard S&P 500 ETF during the 2nd quarter valued at $50,000. Kennebec Savings Bank purchased a new stake in shares of Vanguard S&P 500 ETF in the 3rd quarter worth $51,000. Mendota Financial Group LLC purchased a new position in Vanguard S&P 500 ETF during the third quarter valued at $53,000. Finally, Kings Path Partners LLC bought a new stake in Vanguard S&P 500 ETF during the third quarter valued at about $55,000.

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.