JPL Wealth Management LLC Invests $2.38 Million in Vanguard S&P 500 ETF (NYSEARCA:VOO)

JPL Wealth Management LLC 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 disclosure with the Securities & Exchange Commission. The firm acquired 4,413 shares of the company’s stock, valued at approximately $2,378,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VOO. Proficio Capital Partners LLC boosted its stake in Vanguard S&P 500 ETF by 22,099.4% during the fourth quarter. Proficio Capital Partners LLC now owns 36,046,464 shares of the company’s stock worth $19,422,195,000 after buying an additional 35,884,088 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Vanguard S&P 500 ETF during the fourth quarter worth $14,232,829,000. Strategic Financial Concepts LLC boosted its stake in Vanguard S&P 500 ETF by 62,488.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 10,009,729 shares of the company’s stock worth $5,393,342,000 after buying an additional 9,993,736 shares in the last quarter. Kedalion Capital Management LLP acquired a new stake in shares of Vanguard S&P 500 ETF in the 4th quarter valued at $2,424,795,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of Vanguard S&P 500 ETF by 13.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 23,924,836 shares of the company’s stock valued at $12,624,419,000 after purchasing an additional 2,879,321 shares in the last quarter.

Vanguard S&P 500 ETF Stock Up 0.5 %

Shares of NYSEARCA VOO opened at $513.76 on Thursday. The firm’s 50-day simple moving average is $546.66 and its 200 day simple moving average is $538.84. The company has a market cap of $1.37 trillion, a price-to-earnings ratio of 26.67 and a beta of 1.01. Vanguard S&P 500 ETF has a 12-month low of $453.90 and a 12-month high of $563.92.

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.