Marks Group Wealth Management Inc Trims Stock Position in Vanguard S&P 500 ETF $VOO

Marks Group Wealth Management Inc lessened its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 10.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,040 shares of the company’s stock after selling 1,573 shares during the period. Vanguard S&P 500 ETF makes up 0.8% of Marks Group Wealth Management Inc’s holdings, making the stock its 25th biggest position. Marks Group Wealth Management Inc’s holdings in Vanguard S&P 500 ETF were worth $8,805,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Nvest Wealth Strategies Inc. purchased a new position in shares of Vanguard S&P 500 ETF during the fourth quarter worth $26,000. United Community Bank acquired a new position in shares of Vanguard S&P 500 ETF in the 4th quarter valued at $27,000. Camelot Portfolios LLC acquired a new position in shares of Vanguard S&P 500 ETF in the 4th quarter valued at $27,000. Clear Investment Research LLC acquired a new position in shares of Vanguard S&P 500 ETF in the 3rd quarter valued at $28,000. Finally, Redmont Wealth Advisors LLC acquired a new position in shares of Vanguard S&P 500 ETF in the 3rd quarter valued at $29,000.

Vanguard S&P 500 ETF Price Performance

VOO opened at $679.68 on Tuesday. The firm has a fifty day moving average price of $656.98 and a 200 day moving average price of $637.47. Vanguard S&P 500 ETF has a 1 year low of $545.75 and a 1 year high of $699.15. The stock has a market cap of $929.33 billion, a P/E ratio of 24.97 and a beta of 1.00.

Vanguard S&P 500 ETF News Summary

Here are the key news stories impacting Vanguard S&P 500 ETF this week:

• Positive Sentiment: Citi raised its year-end S&P 500 target to 8,100, saying earnings growth and AI investment may outweigh broader economic risks. The Stock Market Just Got Crushed. Why Citi Is Raising Its S&P 500 Target.
• Positive Sentiment: Market commentary suggests buyers may step back into the S&P 500 after Friday’s rout, helped by easing bond yields and a rebound in risk appetite. Where S&P 500 Buyers May Surface After Friday’s Rout
• Positive Sentiment: Intel and other chip stocks led the S&P 500 higher as the AI trade regained momentum after last week’s pullback, supporting the index’s largest holdings. Intel Is Today’s Top S&P 500 Stock. These Are the Reasons Why.
• Neutral Sentiment: Several articles continued to highlight VOO as a simple, low-cost way to own the S&P 500, reinforcing the ETF’s appeal to long-term investors. The Smartest Vanguard ETF to Buy With $500 Right Now
• Negative Sentiment: Some market strategists are warning that the S&P 500 could face a deeper correction if key technical support levels continue to break, which could pressure VOO if risk-off trading returns. Trading expert warns of strong S&P 500 correction ahead

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