AmeriServ Wealth Advisors Makes New $52.06 Million Investment in Vanguard S&P 500 ETF (NYSEARCA:VOO)

AmeriServ Wealth Advisors acquired a new stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 96,626 shares of the company’s stock, valued at approximately $52,063,000. Vanguard S&P 500 ETF makes up approximately 28.1% of AmeriServ Wealth Advisors’ portfolio, making the stock its biggest holding.

Several other hedge funds and other institutional investors have also recently modified their holdings of VOO. Proficio Capital Partners LLC increased its stake in Vanguard S&P 500 ETF by 22,099.4% during the 4th quarter. Proficio Capital Partners LLC now owns 36,046,464 shares of the company’s stock valued at $19,422,195,000 after purchasing an additional 35,884,088 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Vanguard S&P 500 ETF during the fourth quarter valued at $14,232,829,000. California Public Employees Retirement System acquired a new position in shares of Vanguard S&P 500 ETF in the 4th quarter valued at $9,202,879,000. Strategic Financial Concepts LLC raised its stake in Vanguard S&P 500 ETF by 62,488.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 10,009,729 shares of the company’s stock worth $5,393,342,000 after acquiring an additional 9,993,736 shares during the last quarter. Finally, Kedalion Capital Management LLP acquired a new stake in Vanguard S&P 500 ETF during the 4th quarter worth about $2,424,795,000.

Vanguard S&P 500 ETF Stock Performance

Shares of VOO stock opened at $520.71 on Friday. Vanguard S&P 500 ETF has a fifty-two week low of $442.80 and a fifty-two week high of $563.92. The firm has a market capitalization of $1.47 trillion, a PE ratio of 23.46 and a beta of 1.01. The stock’s 50-day simple moving average is $507.71 and its 200-day simple moving average is $533.72.

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.