Absolute Capital Management LLC Makes New $1.68 Million Investment in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Absolute Capital Management LLC acquired a new position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,835 shares of the company’s stock, valued at approximately $1,684,000.

Several other hedge funds have also recently bought and sold shares of VOO. Your Advocates Ltd. LLP acquired a new position in Vanguard S&P 500 ETF during the fourth quarter worth $29,000. Asset Management One Co. Ltd. increased its stake in shares of Vanguard S&P 500 ETF by 185.0% in the fourth quarter. Asset Management One Co. Ltd. now owns 57 shares of the company’s stock valued at $31,000 after buying an additional 37 shares in the last quarter. Prospera Private Wealth LLC acquired a new stake in shares of Vanguard S&P 500 ETF in the third quarter valued at $46,000. Urban Financial Advisory Corp acquired a new stake in shares of Vanguard S&P 500 ETF in the third quarter valued at $51,000. Finally, Sherman Asset Management Inc. acquired a new stake in shares of Vanguard S&P 500 ETF in the fourth quarter valued at $52,000.

Vanguard S&P 500 ETF Stock Performance

Shares of NYSEARCA:VOO opened at $520.13 on Friday. Vanguard S&P 500 ETF has a twelve month low of $453.90 and a twelve month high of $563.92. The firm has a market cap of $1.47 trillion, a PE ratio of 25.26 and a beta of 1.01. The business has a fifty day moving average of $543.63 and a 200-day moving average of $538.76.

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.