AMI Investment Management Inc. Has $4.05 Million Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

AMI Investment Management Inc. trimmed its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 0.6% during the second quarter, Holdings Channel reports. The firm owned 8,093 shares of the company’s stock after selling 50 shares during the quarter. Vanguard S&P 500 ETF comprises about 1.4% of AMI Investment Management Inc.’s holdings, making the stock its 20th largest position. AMI Investment Management Inc.’s holdings in Vanguard S&P 500 ETF were worth $4,048,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its stake 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 valued at $10,212,930,000 after buying an additional 10,393,926 shares during the period. Global Assets Advisory LLC bought a new stake in shares of Vanguard S&P 500 ETF during the first quarter valued at approximately $1,635,464,000. Steel Grove Capital Advisors LLC raised its position in shares of Vanguard S&P 500 ETF by 557.5% during the first quarter. Steel Grove Capital Advisors LLC now owns 3,560,049 shares of the company’s stock worth $1,711,316,000 after purchasing an additional 3,018,626 shares during the period. Vanguard Group Inc. raised its position in shares of Vanguard S&P 500 ETF by 11.1% during the first quarter. Vanguard Group Inc. now owns 25,386,297 shares of the company’s stock worth $12,203,193,000 after purchasing an additional 2,546,192 shares during the period. Finally, Cetera Investment Advisers grew its position in Vanguard S&P 500 ETF by 352.1% in the 1st quarter. Cetera Investment Advisers now owns 1,210,324 shares of the company’s stock valued at $581,803,000 after purchasing an additional 942,640 shares during the period.

Vanguard S&P 500 ETF Stock Up 1.1 %

VOO stock traded up $5.53 during midday trading on Friday, reaching $516.66. 5,102,791 shares of the company’s stock traded hands, compared to its average volume of 5,102,286. The firm’s fifty day moving average price is $503.36 and its 200-day moving average price is $484.30. Vanguard S&P 500 ETF has a 52 week low of $375.95 and a 52 week high of $519.40. The company has a market cap of $468.07 billion, a price-to-earnings ratio of 25.04 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.