ETFs

Integrity Wealth Solutions LLC Acquires 22 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

Published October 22, 2024

Integrity Wealth Solutions LLC has increased its stake in the Vanguard S&P 500 ETF (NYSEARCA:VOO) by 1.5% during the third quarter of the year. According to the latest 13F filing with the Securities and Exchange Commission, the institutional investor now holds 1,470 shares of the ETF after acquiring an additional 22 shares during this period. As per the most recent filings, Integrity Wealth Solutions LLC's holdings in the Vanguard S&P 500 ETF are valued at approximately $778,000.

Several other significant investors have also adjusted their positions in the Vanguard S&P 500 ETF. Notably, Vanguard Group Inc. raised its stake by 11.1% in the first quarter, bringing its total shares to 25,386,297, which are now valued at $12.2 billion after purchasing an additional 2,546,192 shares last quarter. Similarly, Raymond James & Associates increased its position by 1.2% in the third quarter and now owns 23,383,328 shares worth approximately $12.3 billion after acquiring an extra 277,818 shares. Furthermore, JPMorgan Chase & Co. saw a substantial increase of 95.8% in its holdings during the first quarter, now controlling 21,245,952 shares valued at around $10.2 billion after purchasing a significant 10,393,926 shares. Envestnet Asset Management Inc. also incrementally increased its holdings by 1.3% in the second quarter. This brings its total to 12,542,242 shares worth about $6.3 billion after adding 160,184 shares. A remarkable surge was witnessed by Strategic Financial Concepts LLC, which raised their stake by an incredible 32,889.4% during the second quarter, now owning 7,252,393 shares with total assets pegged at $3.6 billion after acquiring an additional 7,230,409 shares.

Vanguard S&P 500 ETF Stock Performance

The Vanguard S&P 500 ETF opened trading at $536.61 on the morning of Tuesday. The ETF's stock has seen a 50-day moving average price of $519.00 and a 200-day moving average price of $499.34. Currently, the Vanguard S&P 500 ETF boasts a market capitalization of $486.15 billion, with a price-to-earnings (PE) ratio of 25.04, and a beta of 1.00, indicating its comparative volatility to the market. Over the past year, the stock price has fluctuated, with a low of $375.95 and a high reaching $538.76.

About Vanguard S&P 500 ETF

The Vanguard 500 Index Fund, which is also known as the Vanguard S&P 500 ETF, functions as an open-end investment company or mutual fund. It offers four classes of shares: Investor Shares, Admiral Shares, Signal Shares, and Exchange Traded Fund (ETF) Shares. The primary goal of the fund is to replicate the performance of the Standard & Poor’s 500 Index, which serves as an unmanaged benchmark for large-cap stocks in the United States.

ETFs, Investment, Shares