Potomac Fund Management Inc. ADV Takes $1.66 Billion Position in Vanguard S&P 500 ETF $VOO

Potomac Fund Management Inc. ADV purchased a new stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOOFree Report) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 2,653,203 shares of the company’s stock, valued at approximately $1,663,903,000. Vanguard S&P 500 ETF accounts for approximately 61.3% of Potomac Fund Management Inc. ADV’s holdings, making the stock its largest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VOO. Curated Wealth Partners LLC lifted its position in Vanguard S&P 500 ETF by 12.7% during the fourth quarter. Curated Wealth Partners LLC now owns 70,385 shares of the company’s stock valued at $44,141,000 after purchasing an additional 7,931 shares in the last quarter. Certified Advisory Corp lifted its position in Vanguard S&P 500 ETF by 37.4% during the third quarter. Certified Advisory Corp now owns 26,102 shares of the company’s stock valued at $15,984,000 after purchasing an additional 7,110 shares in the last quarter. Red Door Wealth Management LLC lifted its position in Vanguard S&P 500 ETF by 4.4% during the fourth quarter. Red Door Wealth Management LLC now owns 35,266 shares of the company’s stock valued at $22,116,000 after purchasing an additional 1,498 shares in the last quarter. Motley Fool Wealth Management LLC lifted its position in Vanguard S&P 500 ETF by 89.9% during the fourth quarter. Motley Fool Wealth Management LLC now owns 47,848 shares of the company’s stock valued at $30,007,000 after purchasing an additional 22,658 shares in the last quarter. Finally, Lyell Wealth Management LP lifted its position in Vanguard S&P 500 ETF by 8.1% during the fourth quarter. Lyell Wealth Management LP now owns 11,706 shares of the company’s stock valued at $7,341,000 after purchasing an additional 876 shares in the last quarter.

Vanguard S&P 500 ETF Stock Performance

NYSEARCA VOO opened at $681.95 on Monday. The company has a market capitalization of $932.43 billion, a PE ratio of 24.97 and a beta of 1.00. The business’s fifty day moving average is $663.80 and its 200 day moving average is $639.41. Vanguard S&P 500 ETF has a fifty-two week low of $545.75 and a fifty-two week high of $699.15.

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About Vanguard S&P 500 ETF

(Free Report)

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. The Fund employs a passive management-or indexing-investment approach designed to track the performance of the Standard & Poor’s 500 Index.

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Institutional Ownership by Quarter for Vanguard S&P 500 ETF (NYSEARCA:VOO)

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