Summit Global Investments Purchases 2,882 Shares of Vanguard S&P 500 ETF $VOO

Summit Global Investments increased its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 127.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,139 shares of the company’s stock after acquiring an additional 2,882 shares during the quarter. Summit Global Investments’ holdings in Vanguard S&P 500 ETF were worth $3,071,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. Nvest Wealth Strategies Inc. purchased a new stake in shares of Vanguard S&P 500 ETF in the 4th quarter worth approximately $26,000. United Community Bank purchased a new position in Vanguard S&P 500 ETF during the fourth quarter valued at approximately $27,000. Quattro Advisors LLC purchased a new position in Vanguard S&P 500 ETF during the fourth quarter valued at approximately $27,000. Camelot Portfolios LLC bought a new position in Vanguard S&P 500 ETF in the fourth quarter worth approximately $27,000. Finally, Creative Capital Management Investments LLC raised its stake in Vanguard S&P 500 ETF by 900.0% in the fourth quarter. Creative Capital Management Investments LLC now owns 50 shares of the company’s stock worth $31,000 after buying an additional 45 shares in the last quarter.

Vanguard S&P 500 ETF Stock Down 0.1%

Vanguard S&P 500 ETF stock opened at $682.21 on Tuesday. The firm has a market cap of $972.55 billion, a P/E ratio of 24.97 and a beta of 1.00. The business has a fifty day moving average of $685.18 and a two-hundred day moving average of $649.88. Vanguard S&P 500 ETF has a twelve month low of $569.29 and a twelve month high of $699.15.

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. The Fund employs a passive management-or indexing-investment approach designed to track the performance of the Standard & Poor’s 500 Index.