Reicon Wealth Advisors LLC Invests $2.61 Million in Vanguard S&P 500 ETF $VOO

Reicon Wealth Advisors LLC purchased a new position in Vanguard S&P 500 ETF (NYSEARCA:VOO) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 4,160 shares of the company’s stock, valued at approximately $2,609,000. Vanguard S&P 500 ETF comprises approximately 1.9% of Reicon Wealth Advisors LLC’s portfolio, making the stock its 5th largest position.

A number of other institutional investors have also recently made changes to their positions in the company. Clarity Asset Management Inc. raised its position in Vanguard S&P 500 ETF by 8.3% in the third quarter. Clarity Asset Management Inc. now owns 209 shares of the company’s stock valued at $128,000 after purchasing an additional 16 shares during the period. First Interstate Bank raised its position in Vanguard S&P 500 ETF by 0.3% in the third quarter. First Interstate Bank now owns 6,358 shares of the company’s stock valued at $3,894,000 after purchasing an additional 16 shares during the period. Lountzis Asset Management LLC raised its position in Vanguard S&P 500 ETF by 1.6% in the third quarter. Lountzis Asset Management LLC now owns 1,026 shares of the company’s stock valued at $630,000 after purchasing an additional 16 shares during the period. EWA LLC raised its position in Vanguard S&P 500 ETF by 0.3% in the third quarter. EWA LLC now owns 4,870 shares of the company’s stock valued at $2,983,000 after purchasing an additional 16 shares during the period. Finally, Clarkston Capital Partners LLC raised its position in Vanguard S&P 500 ETF by 0.3% in the third quarter. Clarkston Capital Partners LLC now owns 6,120 shares of the company’s stock valued at $3,748,000 after purchasing an additional 16 shares during the period.

Vanguard S&P 500 ETF Trading Down 0.1%

NYSEARCA:VOO traded down $0.63 during mid-day trading on Thursday, hitting $653.61. The company had a trading volume of 1,375,955 shares, compared to its average volume of 9,750,464. The business has a fifty day simple moving average of $623.80 and a 200-day simple moving average of $625.78. Vanguard S&P 500 ETF has a 1 year low of $511.10 and a 1 year high of $657.90. The firm has a market capitalization of $893.68 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00.

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.