Element Pointe Advisors LLC Sells 3,053 Shares of Vanguard S&P 500 ETF $VOO

Element Pointe Advisors LLC trimmed its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 20.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,911 shares of the company’s stock after selling 3,053 shares during the period. Vanguard S&P 500 ETF comprises 1.3% of Element Pointe Advisors LLC’s holdings, making the stock its 16th biggest holding. Element Pointe Advisors LLC’s holdings in Vanguard S&P 500 ETF were worth $7,117,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in VOO. Cannon Capital Management Inc. increased its holdings in Vanguard S&P 500 ETF by 11.1% during the 1st quarter. Cannon Capital Management Inc. now owns 18,075 shares of the company’s stock worth $10,801,000 after purchasing an additional 1,804 shares during the period. Legacy Wealth Managment LLC ID grew its position in shares of Vanguard S&P 500 ETF by 258.4% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 319 shares of the company’s stock worth $191,000 after buying an additional 230 shares in the last quarter. Hopwood Financial Services Inc. grew its position in shares of Vanguard S&P 500 ETF by 16.8% during the 1st quarter. Hopwood Financial Services Inc. now owns 1,438 shares of the company’s stock worth $859,000 after buying an additional 207 shares in the last quarter. Florida Financial Advisors LLC increased its stake in shares of Vanguard S&P 500 ETF by 6.7% during the first quarter. Florida Financial Advisors LLC now owns 28,294 shares of the company’s stock valued at $16,908,000 after buying an additional 1,772 shares during the period. Finally, Commonwealth Financial Services LLC increased its stake in shares of Vanguard S&P 500 ETF by 18.5% during the first quarter. Commonwealth Financial Services LLC now owns 552 shares of the company’s stock valued at $330,000 after buying an additional 86 shares during the period.

Vanguard S&P 500 ETF Price Performance

VOO stock opened at $682.21 on Tuesday. Vanguard S&P 500 ETF has a 1-year low of $569.29 and a 1-year high of $699.15. The business has a 50-day moving average price of $685.18 and a 200 day moving average price of $649.88. The company has a market capitalization of $972.55 billion, a P/E 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.