Orrstown Financial Services Inc. Sells 6,000 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

Orrstown Financial Services Inc. cut its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 57.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,392 shares of the company’s stock after selling 6,000 shares during the period. Vanguard S&P 500 ETF makes up approximately 0.7% of Orrstown Financial Services Inc.’s holdings, making the stock its 24th biggest position. Orrstown Financial Services Inc.’s holdings in Vanguard S&P 500 ETF were worth $2,318,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in shares of Vanguard S&P 500 ETF by 11.1% in the first quarter. Vanguard Group Inc. now owns 25,386,297 shares of the company’s stock valued at $12,203,193,000 after purchasing an additional 2,546,192 shares in the last quarter. Raymond James & Associates increased its holdings in Vanguard S&P 500 ETF by 1.2% in the 3rd quarter. Raymond James & Associates now owns 23,383,328 shares of the company’s stock valued at $12,338,681,000 after buying an additional 277,818 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Vanguard S&P 500 ETF by 95.8% in the 1st quarter. JPMorgan Chase & Co. now owns 21,245,952 shares of the company’s stock valued at $10,212,930,000 after buying an additional 10,393,926 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Vanguard S&P 500 ETF by 1.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,542,242 shares of the company’s stock worth $6,272,751,000 after acquiring an additional 160,184 shares during the period. Finally, International Assets Investment Management LLC increased its stake in Vanguard S&P 500 ETF by 57,975.9% in the third quarter. International Assets Investment Management LLC now owns 7,915,751 shares of the company’s stock valued at $4,176,904,000 after acquiring an additional 7,902,121 shares during the period.

Vanguard S&P 500 ETF Stock Up 0.3 %

NYSEARCA:VOO opened at $533.91 on Tuesday. The firm has a 50-day moving average price of $521.73 and a 200 day moving average price of $501.36. The firm has a market capitalization of $483.70 billion, a PE ratio of 25.04 and a beta of 1.00. Vanguard S&P 500 ETF has a 12-month low of $378.71 and a 12-month high of $538.76.

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.