Innova Wealth Partners Invests $2.36 Million in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Innova Wealth Partners bought a new stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 4,380 shares of the company’s stock, valued at approximately $2,360,000. Vanguard S&P 500 ETF accounts for about 1.5% of Innova Wealth Partners’ investment portfolio, making the stock its 22nd biggest position.

Other hedge funds have also recently made changes to their positions in the company. Chickasaw Capital Management LLC bought a new stake in Vanguard S&P 500 ETF during the 4th quarter valued at $402,000. First County Bank CT increased its stake in shares of Vanguard S&P 500 ETF by 85.1% during the fourth quarter. First County Bank CT now owns 5,688 shares of the company’s stock valued at $3,065,000 after buying an additional 2,615 shares during the period. Bath Savings Trust Co raised its holdings in shares of Vanguard S&P 500 ETF by 0.4% in the fourth quarter. Bath Savings Trust Co now owns 7,920 shares of the company’s stock valued at $4,267,000 after acquiring an additional 30 shares in the last quarter. Diversified Trust Co lifted its stake in Vanguard S&P 500 ETF by 0.5% in the fourth quarter. Diversified Trust Co now owns 813,178 shares of the company’s stock worth $438,149,000 after acquiring an additional 3,885 shares during the period. Finally, Bank of New Hampshire grew its holdings in Vanguard S&P 500 ETF by 3.2% during the 4th quarter. Bank of New Hampshire now owns 10,356 shares of the company’s stock worth $5,580,000 after acquiring an additional 320 shares in the last quarter.

Vanguard S&P 500 ETF Stock Performance

NYSEARCA:VOO opened at $541.41 on Wednesday. The firm has a 50-day simple moving average of $546.55 and a 200-day simple moving average of $524.96. Vanguard S&P 500 ETF has a one year low of $430.37 and a one year high of $559.96. The firm has a market cap of $490.50 billion, a P/E ratio of 25.04 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.