Vanguard S&P 500 Index ETF (TSE:VFV) Trading 0.6% Higher – Time to Buy?

Vanguard S&P 500 Index ETF (TSE:VFVGet Free Report)’s share price was up 0.6% on Friday . The company traded as high as C$167.71 and last traded at C$167.64. Approximately 297,831 shares changed hands during mid-day trading, a decline of 16% from the average daily volume of 352,589 shares. The stock had previously closed at C$166.70.

Vanguard S&P 500 Index ETF Trading Up 0.6%

The firm’s fifty day moving average price is C$168.68 and its 200-day moving average price is C$164.22.

About Vanguard S&P 500 Index ETF

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The investment objective of Vanguard S&P 500 Index ETF (the ETF) is to track, to the extent reasonably possible and before fees and expenses, the performance of the S&P 500 Index (the Index). The Index is a market capitalization-weighted index that is designed to represent the returns of large-capitalization U.S. stocks. To achieve its investment objective, the ETF employs a passive management, or indexing, investment approach designed to track the performance of the Index by investing primarily in a U.S.-domiciled fund managed by The Vanguard Group, Inc hat seeks to track the Index.

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