Vanguard S&P 500 ETF (NYSEARCA:VOO) Stake Lessened by Modus Advisors LLC

Modus Advisors LLC trimmed its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 9.3% during the fourth quarter, HoldingsChannel reports. The fund owned 8,594 shares of the company’s stock after selling 882 shares during the quarter. Vanguard S&P 500 ETF comprises approximately 1.5% of Modus Advisors LLC’s holdings, making the stock its 24th largest position. Modus Advisors LLC’s holdings in Vanguard S&P 500 ETF were worth $4,630,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Marquette Asset Management LLC bought a new position in shares of Vanguard S&P 500 ETF during the third quarter worth about $36,000. Prospera Private Wealth LLC acquired a new stake in shares of Vanguard S&P 500 ETF during the 3rd quarter valued at approximately $46,000. Urban Financial Advisory Corp acquired a new position in shares of Vanguard S&P 500 ETF in the 3rd quarter valued at about $51,000. Kennebec Savings Bank acquired a new position in Vanguard S&P 500 ETF during the 3rd quarter valued at about $51,000. Finally, Abich Financial Wealth Management LLC acquired a new stake in shares of Vanguard S&P 500 ETF in the second quarter valued at approximately $50,000.

Vanguard S&P 500 ETF Price Performance

Shares of NYSEARCA VOO traded up $3.25 during midday trading on Friday, hitting $540.71. 1,002,431 shares of the company’s stock were exchanged, compared to its average volume of 3,965,588. Vanguard S&P 500 ETF has a twelve month low of $428.64 and a twelve month high of $559.96. The stock’s 50 day moving average price is $545.90 and its 200-day moving average price is $523.80. The firm has a market cap of $489.86 billion, a P/E ratio of 25.04 and a beta of 1.00.

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.