MTM Investment Management LLC Grows Stock Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

MTM Investment Management LLC raised its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 11.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,279 shares of the company’s stock after acquiring an additional 127 shares during the quarter. MTM Investment Management LLC’s holdings in Vanguard S&P 500 ETF were worth $689,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Prospera Private Wealth LLC acquired a new position in shares of Vanguard S&P 500 ETF in the third quarter valued at about $46,000. Kennebec Savings Bank acquired a new position in shares of Vanguard S&P 500 ETF in the third quarter valued at about $51,000. Urban Financial Advisory Corp acquired a new position in shares of Vanguard S&P 500 ETF in the third quarter valued at about $51,000. Sugar Maple Asset Management LLC acquired a new position in shares of Vanguard S&P 500 ETF in the fourth quarter valued at about $53,000. Finally, Stone House Investment Management LLC acquired a new position in shares of Vanguard S&P 500 ETF in the third quarter valued at about $59,000.

Vanguard S&P 500 ETF Stock Performance

Shares of VOO stock opened at $554.81 on Thursday. The stock’s 50-day simple moving average is $549.86 and its 200-day simple moving average is $532.61. The firm has a market capitalization of $502.64 billion, a PE ratio of 25.04 and a beta of 1.00. Vanguard S&P 500 ETF has a fifty-two week low of $450.99 and a fifty-two week high of $561.66.

Vanguard S&P 500 ETF Company 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.