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

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

Vanguard S&P 500 ETF Price Performance

The stock has a fifty day moving average price of $550.24 and a 200 day moving average price of $534.96. The stock has a market capitalization of $510.66 billion, a P/E ratio of 25.04 and a beta of 1.00.

Hedge Funds Weigh In On Vanguard S&P 500 ETF

A number of large investors have recently made changes to their positions in the stock. Proficio Capital Partners LLC boosted its stake in Vanguard S&P 500 ETF by 22,099.4% during the fourth quarter. Proficio Capital Partners LLC now owns 36,046,464 shares of the company’s stock valued at $19,422,195,000 after buying an additional 35,884,088 shares during the period. Raymond James Financial Inc. bought a new stake in Vanguard S&P 500 ETF during the fourth quarter valued at $14,232,829,000. California Public Employees Retirement System bought a new stake in Vanguard S&P 500 ETF during the fourth quarter valued at $9,202,879,000. Strategic Financial Concepts LLC lifted its stake in Vanguard S&P 500 ETF by 62,488.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 10,009,729 shares of the company’s stock worth $5,393,342,000 after purchasing an additional 9,993,736 shares during the last quarter. Finally, International Assets Investment Management LLC lifted its stake in Vanguard S&P 500 ETF by 57,975.9% during the third quarter. International Assets Investment Management LLC now owns 7,915,751 shares of the company’s stock worth $4,176,904,000 after purchasing an additional 7,902,121 shares during the last quarter.

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.