Vanguard Materials ETF (NYSEARCA:VAW – Get Free Report) crossed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $230.12 and traded as low as $228.80. Vanguard Materials ETF shares last traded at $228.84, with a volume of 52,186 shares trading hands.
Vanguard Materials ETF Trading Down 1.7%
The firm’s fifty day moving average price is $226.08 and its 200 day moving average price is $230.12. The firm has a market capitalization of $2.96 billion, a PE ratio of 21.99 and a beta of 0.96.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Lido Advisors LLC purchased a new stake in Vanguard Materials ETF in the third quarter valued at $15,984,000. Banco Santander S.A. acquired a new stake in Vanguard Materials ETF during the 3rd quarter worth about $11,673,000. Ameritas Advisory Services LLC grew its position in Vanguard Materials ETF by 42.0% during the 2nd quarter. Ameritas Advisory Services LLC now owns 141,961 shares of the company’s stock worth $32,479,000 after purchasing an additional 41,961 shares during the period. Park National Corp OH purchased a new position in shares of Vanguard Materials ETF during the 3rd quarter valued at about $6,248,000. Finally, M Holdings Securities Inc. purchased a new position in shares of Vanguard Materials ETF during the 3rd quarter valued at about $5,879,000.
Vanguard Materials ETF Company Profile
Vanguard Materials ETF seeks to track the investment performance of the MSCI US Investable Market Materials 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the materials sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies in a wide range of commodity-related manufacturing industries. Included within this sector are companies that manufacture chemicals, construction materials, glass, paper, forest products, and related packaging products, as well as metals, minerals, and mining companies, including producers of steel.
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