Vanguard S&P 500 ETF $VOO Stock Purchased by Spectrum Planning & Advisory Services Inc.

Spectrum Planning & Advisory Services Inc. increased its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 116.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,027 shares of the company’s stock after purchasing an additional 2,170 shares during the period. Vanguard S&P 500 ETF accounts for 1.2% of Spectrum Planning & Advisory Services Inc.’s holdings, making the stock its 28th biggest holding. Spectrum Planning & Advisory Services Inc.’s holdings in Vanguard S&P 500 ETF were worth $2,822,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Torren Management LLC bought a new stake in Vanguard S&P 500 ETF during the 3rd quarter valued at $25,000. Birch Capital Management LLC purchased a new position in shares of Vanguard S&P 500 ETF in the 2nd quarter valued at $25,000. Valued Wealth Advisors LLC increased its holdings in shares of Vanguard S&P 500 ETF by 164.7% in the 3rd quarter. Valued Wealth Advisors LLC now owns 45 shares of the company’s stock valued at $32,000 after acquiring an additional 28 shares during the period. RHL Group LLC increased its holdings in shares of Vanguard S&P 500 ETF by 50.0% in the 2nd quarter. RHL Group LLC now owns 48 shares of the company’s stock valued at $33,000 after acquiring an additional 16 shares during the period. Finally, Elevate Wealth Advisory Inc. bought a new position in shares of Vanguard S&P 500 ETF in the 3rd quarter worth $43,000.

Key Vanguard S&P 500 ETF News

Investors following VOO have been watching these news items:

• Positive Sentiment: U.S. stock futures rose after CoreWeave eased concerns about AI-related spending, a potential near-term tailwind for the S&P 500 and VOO. Article: S&P 500, Nasdaq futures rise after CoreWeave soothes AI spending fears
• Negative Sentiment: Reuters technical analysis warned the S&P 500 could face further losses. Because VOO follows the index, continued weakness would likely weigh on the ETF. Article: Mapping the Market: S&P 500 at risk of further losses
• Negative Sentiment: Articles point to a particularly weak start to November and warn the market could repeat its 2018 post-midterm decline. These historical comparisons add caution, though they do not predict what happens next. Article: Only 2 Novembers Since 1950 Have Started Worse for the S&P 500

Vanguard S&P 500 ETF Trading Up 1.3%

VOO opened at $698.35 on Thursday. The firm has a market cap of $1.05 trillion, a price-to-earnings ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 12 month low of $578.46 and a 12 month high of $718.47. The stock has a fifty day moving average price of $703.39 and a 200-day moving average price of $672.22.

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