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VOO Vs. VTI: Vanguard's S&P 500, Total Stock Market ETFs Hit New Highs As S&P 500 Reaches Record Level

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VOO Vs. VTI: Vanguard's S&P 500, Total Stock Market ETFs Hit New Highs As S&P 500 Reaches Record Level

Two popular U.S. stock market exchange-traded funds hit all-time highs Wednesday as the S&P 500 Index reached its highest level ever.

The Vanguard S&P 500 ETF (NYSE:VOO), which tracks the performance of the S&P 500 Index and therefore consists of about 500 large-cap stocks, reached $527.23 just after 10 a.m. ET before cooling off to $524.96 into Wednesday’s mid-afternoon trading.

The Vanguard Total Stock Market Index Fund ETF Shares (NYSE:VTI), which follows the CRSP US Total Market Index of about stocks, also hit a high point on Wednesday, achieving $283.12 shortly after Wednesday’s open before declining to $281.85 by mid-afternoon.

Read Also: Palantir, Dell To Join S&P 500 Friday: Here’s How Tesla Stock Has Performed Since Its Addition In 2020

S&P 500

The S&P 500 hit an all-time high of 5,471.03 in Wednesday’s early-morning trading. It has since fallen to 5,721.50 by mid-afternoon Wednesday.

Vistra Corp. (NYSE:VST) is the top gainer in the S&P, rising 6.59% to $119.91 into the mid-afternoon. Hewlett Packard Enterprise Co. (NYSE:HPE) followed, gaining 4.63% to $19.75.

The tech-heavy Nasdaq Composite Index slipped 0.03% to 18,069.36, while the Nasdaq Composite Index edged up 0.05% to 19,954.31.

The Dow Jones Industrial Average fell 0.66% to 41,928.02 by Wednesday’s mid-afternoon.

Price Action: Exchange-traded funds that hold Vistra and Hewlett Packard, which led the S&P to a new high,

Vistra ETFs

  • Virtus Reaves Utilities ETF (NYSE:UTES) rose 1.19%
  • BNY Mellon Global Infrastructure Income ETF (BATS:BKGI) gained 0.09%
  • TCW Transform Systems ETF (NYSE:NETZ) went up 0.13%

Hewlett Packard ETFs

  • First Trust S&P 500 Diversified Free Cash Flow ETF (NYSE:FCFY) gained 0.21%
  • Roundhill Generative AI & Technology ETF (NYSE:CHAT) went up 0.57%
  • FT Raymond James Multicap Growth Equity ETF (NYSE:RJMG) rose 0.53%

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Image: Shutterstock

 

Related Articles (CHAT + BKGI)

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Posted-In: S&P 500 stock market Stories That Matter vanguardTop Stories Markets ETFs

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