Sumitomo Life Insurance Co. Decreases Stake in Vanguard S&P 500 ETF $VOO

Sumitomo Life Insurance Co. lowered its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 61.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,900 shares of the company’s stock after selling 12,600 shares during the quarter. Sumitomo Life Insurance Co.’s holdings in Vanguard S&P 500 ETF were worth $4,487,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the business. Afbi LP purchased a new stake in Vanguard S&P 500 ETF during the first quarter valued at $20,494,431,000. JPMorgan Chase & Co. grew its holdings in Vanguard S&P 500 ETF by 23.9% during the first quarter. JPMorgan Chase & Co. now owns 29,230,561 shares of the company’s stock valued at $15,021,878,000 after purchasing an additional 5,647,924 shares during the period. Kingstone Capital Partners Texas LLC grew its holdings in Vanguard S&P 500 ETF by 601,326.3% during the second quarter. Kingstone Capital Partners Texas LLC now owns 4,113,756 shares of the company’s stock valued at $2,336,737,000 after purchasing an additional 4,113,072 shares during the period. Vanguard Group Inc. grew its holdings in Vanguard S&P 500 ETF by 5.9% during the first quarter. Vanguard Group Inc. now owns 34,450,749 shares of the company’s stock valued at $17,704,584,000 after purchasing an additional 1,933,389 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd grew its holdings in Vanguard S&P 500 ETF by 101.5% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,789,453 shares of the company’s stock valued at $1,433,558,000 after purchasing an additional 1,405,030 shares during the period.

Vanguard S&P 500 ETF Stock Performance

NYSEARCA:VOO opened at $627.04 on Friday. The stock has a 50-day simple moving average of $608.97 and a two-hundred day simple moving average of $572.46. Vanguard S&P 500 ETF has a 52-week low of $442.80 and a 52-week high of $634.13. The firm has a market capitalization of $780.29 billion, a PE ratio of 24.97 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.