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.
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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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