Vanguard S&P 500 ETF $VOO Stake Boosted by Summit Global Investments

Summit Global Investments increased its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 1,066.9% in the second quarter, Holdings Channel.com reports. The institutional investor owned 8,028 shares of the company’s stock after acquiring an additional 7,340 shares during the period. Summit Global Investments’ holdings in Vanguard S&P 500 ETF were worth $4,560,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Afbi LP acquired a new stake in shares of Vanguard S&P 500 ETF in the 1st quarter worth about $20,494,431,000. Vanguard Group Inc. increased its stake in shares of Vanguard S&P 500 ETF by 6.7% in the second quarter. Vanguard Group Inc. now owns 36,763,979 shares of the company’s stock valued at $20,883,043,000 after purchasing an additional 2,313,230 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Vanguard S&P 500 ETF by 23.9% during the first quarter. JPMorgan Chase & Co. now owns 29,230,561 shares of the company’s stock worth $15,021,878,000 after buying an additional 5,647,924 shares during the period. Raymond James Financial Inc. grew its holdings in Vanguard S&P 500 ETF by 0.9% in the 1st quarter. Raymond James Financial Inc. now owns 26,653,704 shares of the company’s stock worth $13,697,605,000 after buying an additional 238,402 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its position in Vanguard S&P 500 ETF by 2.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 13,225,319 shares of the company’s stock valued at $6,796,624,000 after acquiring an additional 373,546 shares during the period.

Vanguard S&P 500 ETF Stock Performance

Shares of VOO stock opened at $605.93 on Monday. Vanguard S&P 500 ETF has a 1 year low of $442.80 and a 1 year high of $634.13. The stock has a fifty day moving average of $615.40 and a two-hundred day moving average of $585.24. The firm has a market capitalization of $754.03 billion, a PE ratio of 24.97 and a beta of 1.00.

Vanguard S&P 500 ETF Profile

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.