Summit Investment Advisory Services LLC Acquires 59 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

Summit Investment Advisory Services LLC increased its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 6.8% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 927 shares of the company’s stock after purchasing an additional 59 shares during the quarter. Summit Investment Advisory Services LLC’s holdings in Vanguard S&P 500 ETF were worth $489,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of VOO. Vanguard Group Inc. boosted its holdings in shares of Vanguard S&P 500 ETF by 11.1% in the 1st quarter. Vanguard Group Inc. now owns 25,386,297 shares of the company’s stock valued at $12,203,193,000 after buying an additional 2,546,192 shares in the last quarter. Raymond James & Associates lifted its holdings in shares of Vanguard S&P 500 ETF by 0.4% during the 2nd quarter. Raymond James & Associates now owns 23,105,510 shares of the company’s stock valued at $11,555,758,000 after purchasing an additional 98,106 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Vanguard S&P 500 ETF by 95.8% in the 1st quarter. JPMorgan Chase & Co. now owns 21,245,952 shares of the company’s stock worth $10,212,930,000 after purchasing an additional 10,393,926 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in Vanguard S&P 500 ETF by 1.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,542,242 shares of the company’s stock worth $6,272,751,000 after buying an additional 160,184 shares during the last quarter. Finally, Strategic Financial Concepts LLC increased its position in Vanguard S&P 500 ETF by 32,889.4% during the 2nd quarter. Strategic Financial Concepts LLC now owns 7,252,393 shares of the company’s stock valued at $3,627,139,000 after buying an additional 7,230,409 shares in the last quarter.

Vanguard S&P 500 ETF Price Performance

NYSEARCA VOO traded up $0.44 during trading on Thursday, hitting $535.66. The company’s stock had a trading volume of 1,238,436 shares, compared to its average volume of 5,286,152. Vanguard S&P 500 ETF has a fifty-two week low of $375.95 and a fifty-two week high of $538.76. The company has a market cap of $485.29 billion, a PE ratio of 25.04 and a beta of 1.00. The business’s 50 day simple moving average is $516.17 and its 200-day simple moving average is $497.92.

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.