Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) Reaches New 52-Week High – Time to Buy?

Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO)’s stock price hit a new 52-week high on Friday . The stock traded as high as $113.07 and last traded at $112.96, with a volume of 40648 shares. The stock had previously closed at $111.38.

Vanguard S&P Mid-Cap 400 ETF Price Performance

The firm has a market cap of $2.22 billion, a price-to-earnings ratio of 7.55 and a beta of 1.11. The stock has a 50-day moving average price of $107.05 and a 200 day moving average price of $103.10.

Institutional Investors Weigh In On Vanguard S&P Mid-Cap 400 ETF

Several hedge funds have recently made changes to their positions in the business. Crestwood Advisors Group LLC boosted its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 3.4% in the second quarter. Crestwood Advisors Group LLC now owns 3,003 shares of the company’s stock valued at $298,000 after acquiring an additional 99 shares in the last quarter. Simplicity Wealth LLC increased its position in Vanguard S&P Mid-Cap 400 ETF by 0.9% during the 2nd quarter. Simplicity Wealth LLC now owns 12,969 shares of the company’s stock worth $1,285,000 after purchasing an additional 112 shares during the period. Source Financial Advisors LLC grew its holdings in Vanguard S&P Mid-Cap 400 ETF by 1.7% during the third quarter. Source Financial Advisors LLC now owns 9,392 shares of the company’s stock worth $992,000 after acquiring an additional 154 shares during the period. TD Private Client Wealth LLC grew its holdings in Vanguard S&P Mid-Cap 400 ETF by 6.2% during the third quarter. TD Private Client Wealth LLC now owns 2,879 shares of the company’s stock worth $304,000 after acquiring an additional 167 shares during the period. Finally, Octavia Wealth Advisors LLC raised its position in Vanguard S&P Mid-Cap 400 ETF by 1.0% in the third quarter. Octavia Wealth Advisors LLC now owns 17,628 shares of the company’s stock worth $1,868,000 after acquiring an additional 179 shares in the last quarter.

Vanguard S&P Mid-Cap 400 ETF Company Profile

The Vanguard S&P Mid-Cap 400 ETF (IVOO) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund tracks a market cap-weighted index of mid-cap US companies. IVOO was launched on Sep 9, 2010 and is managed by Vanguard.