Covington Investment Advisors Inc. Trims Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Covington Investment Advisors Inc. reduced its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 3.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,511 shares of the company’s stock after selling 54 shares during the period. Covington Investment Advisors Inc.’s holdings in Vanguard S&P 500 ETF were worth $797,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Marquette Asset Management LLC acquired a new position in Vanguard S&P 500 ETF in the 3rd quarter valued at $36,000. Prospera Private Wealth LLC purchased a new stake in shares of Vanguard S&P 500 ETF in the third quarter valued at $46,000. Kennebec Savings Bank acquired a new position in Vanguard S&P 500 ETF in the third quarter valued at $51,000. Abich Financial Wealth Management LLC purchased a new position in Vanguard S&P 500 ETF during the second quarter worth about $50,000. Finally, Mendota Financial Group LLC acquired a new stake in Vanguard S&P 500 ETF in the 3rd quarter worth about $53,000.

Vanguard S&P 500 ETF Price Performance

VOO opened at $549.23 on Tuesday. The stock has a market capitalization of $497.58 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00. Vanguard S&P 500 ETF has a 12 month low of $416.57 and a 12 month high of $552.38. The business has a 50-day moving average of $533.36 and a two-hundred day moving average of $511.89.

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.