Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) Sees Large Volume Increase – Still a Buy?

Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) shares saw unusually-high trading volume on Friday . Approximately 106,569 shares changed hands during mid-day trading, a decline of 2% from the previous session’s volume of 108,786 shares.The stock last traded at $187.55 and had previously closed at $186.36.

Vanguard S&P 500 Value ETF Trading Up 0.9 %

The company has a market cap of $4.85 billion, a PE ratio of 23.00 and a beta of 0.84. The firm’s fifty day moving average is $190.63 and its 200 day moving average is $187.45.

Hedge Funds Weigh In On Vanguard S&P 500 Value ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Sanctuary Advisors LLC raised its position in shares of Vanguard S&P 500 Value ETF by 5.6% in the third quarter. Sanctuary Advisors LLC now owns 1,649 shares of the company’s stock valued at $325,000 after buying an additional 88 shares during the last quarter. B. Riley Wealth Advisors Inc. grew its stake in Vanguard S&P 500 Value ETF by 22.3% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 5,213 shares of the company’s stock valued at $922,000 after acquiring an additional 952 shares in the last quarter. Jane Street Group LLC acquired a new stake in Vanguard S&P 500 Value ETF in the 3rd quarter valued at about $360,000. Envestnet Asset Management Inc. lifted its stake in Vanguard S&P 500 Value ETF by 12.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 171,979 shares of the company’s stock worth $30,230,000 after purchasing an additional 19,202 shares in the last quarter. Finally, FMR LLC boosted its holdings in shares of Vanguard S&P 500 Value ETF by 13.7% during the 3rd quarter. FMR LLC now owns 13,461 shares of the company’s stock worth $2,567,000 after purchasing an additional 1,617 shares during the last quarter.

About Vanguard S&P 500 Value ETF

The Vanguard S&P 500 Value ETF (VOOV) is an exchange-traded fund that is based on the S&P 500 Value index. The fund tracks an index of large- and mid-cap value-style securities from the Committee-selected S&P 500. VOOV was launched on Sep 7, 2010 and is managed by Vanguard.