Vanguard S&P 500 Growth ETF (NYSEARCA:VOOG) Hits New 52-Week High – Still a Buy?

Vanguard S&P 500 Growth ETF (NYSEARCA:VOOG) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $366.90 and last traded at $366.63, with a volume of 69088 shares changing hands. The stock had previously closed at $363.80.

Vanguard S&P 500 Growth ETF Stock Performance

The firm’s 50 day simple moving average is $352.37 and its 200-day simple moving average is $337.24. The company has a market capitalization of $12.40 billion, a price-to-earnings ratio of 28.04 and a beta of 1.13.

Institutional Trading of Vanguard S&P 500 Growth ETF

A number of hedge funds have recently modified their holdings of the business. Sequoia Financial Advisors LLC acquired a new position in shares of Vanguard S&P 500 Growth ETF in the third quarter worth $1,186,000. Park Avenue Securities LLC increased its position in Vanguard S&P 500 Growth ETF by 11.0% during the second quarter. Park Avenue Securities LLC now owns 13,481 shares of the company’s stock worth $4,495,000 after buying an additional 1,337 shares during the last quarter. Foundations Investment Advisors LLC increased its position in Vanguard S&P 500 Growth ETF by 4.3% during the third quarter. Foundations Investment Advisors LLC now owns 1,598 shares of the company’s stock worth $552,000 after buying an additional 66 shares during the last quarter. GAMMA Investing LLC acquired a new position in Vanguard S&P 500 Growth ETF during the third quarter worth $45,000. Finally, Envestnet Portfolio Solutions Inc. increased its position in Vanguard S&P 500 Growth ETF by 16.8% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 3,999 shares of the company’s stock worth $1,333,000 after buying an additional 575 shares during the last quarter.

Vanguard S&P 500 Growth ETF Company Profile

The Vanguard S&P 500 Growth ETF (VOOG) is an exchange-traded fund that is based on the S&P 500 Growth index. The fund tracks an index of U.S. large-cap growth stocks VOOG was launched on Sep 7, 2010 and is managed by Vanguard.