Employees Retirement System of Texas Takes Position in Vanguard S&P 500 ETF $VOO

Employees Retirement System of Texas purchased a new position in Vanguard S&P 500 ETF (NYSEARCA:VOO) during the 4th quarter, HoldingsChannel reports. The fund purchased 403,400 shares of the company’s stock, valued at approximately $252,984,000. Vanguard S&P 500 ETF makes up approximately 2.1% of Employees Retirement System of Texas’ investment portfolio, making the stock its 10th largest position.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Nvest Wealth Strategies Inc. purchased a new stake in shares of Vanguard S&P 500 ETF in the fourth quarter valued at about $26,000. Camelot Portfolios LLC purchased a new position in Vanguard S&P 500 ETF during the fourth quarter worth about $27,000. United Community Bank acquired a new position in Vanguard S&P 500 ETF in the 4th quarter valued at about $27,000. Clear Investment Research LLC purchased a new stake in shares of Vanguard S&P 500 ETF in the 3rd quarter valued at approximately $28,000. Finally, Redmont Wealth Advisors LLC purchased a new stake in shares of Vanguard S&P 500 ETF in the 3rd quarter valued at approximately $29,000.

Vanguard S&P 500 ETF Price Performance

Shares of NYSEARCA VOO opened at $690.01 on Wednesday. The company has a market capitalization of $943.45 billion, a P/E ratio of 24.97 and a beta of 1.00. The company has a 50 day simple moving average of $641.59 and a 200-day simple moving average of $632.89. Vanguard S&P 500 ETF has a 1 year low of $536.16 and a 1 year high of $691.51.

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