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 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 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.
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. VST is the top gainer in the S&P, rising 6.59% to $119.91 into the mid-afternoon. Hewlett Packard Enterprise Co. 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 UTES rose 1.19%
- BNY Mellon Global Infrastructure Income ETF BKGI gained 0.09%
- TCW Transform Systems ETF NETZ went up 0.13%
Hewlett Packard ETFs
- First Trust S&P 500 Diversified Free Cash Flow ETF FCFY gained 0.21%
- Roundhill Generative AI & Technology ETF CHAT went up 0.57%
- FT Raymond James Multicap Growth Equity ETF RJMG rose 0.53%
Read Now:
Image: Shutterstock
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.