Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) Sets New 52-Week High – Should You Buy?

Shares of Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) reached a new 52-week high during trading on Friday . The stock traded as high as $128.59 and last traded at $127.91, with a volume of 15125 shares changing hands. The stock had previously closed at $124.58.

Vanguard S&P Mid-Cap 400 ETF Price Performance

The business’s fifty day simple moving average is $122.98 and its two-hundred day simple moving average is $118.47. The company has a market cap of $3.55 billion, a PE ratio of 18.32 and a beta of 1.01.

Hedge Funds Weigh In On Vanguard S&P Mid-Cap 400 ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Valpey Financial Services LLC boosted its position in Vanguard S&P Mid-Cap 400 ETF by 11,552.5% during the fourth quarter. Valpey Financial Services LLC now owns 2,304,632 shares of the company’s stock worth $257,658,000 after purchasing an additional 2,284,854 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Vanguard S&P Mid-Cap 400 ETF by 2,162.2% in the first quarter. Goldman Sachs Group Inc. now owns 853,272 shares of the company’s stock valued at $84,218,000 after buying an additional 815,554 shares in the last quarter. Hantz Financial Services Inc. raised its stake in shares of Vanguard S&P Mid-Cap 400 ETF by 38.3% during the 4th quarter. Hantz Financial Services Inc. now owns 1,081,311 shares of the company’s stock worth $120,891,000 after buying an additional 299,175 shares during the period. Savant Capital LLC raised its stake in shares of Vanguard S&P Mid-Cap 400 ETF by 158.7% during the 4th quarter. Savant Capital LLC now owns 250,648 shares of the company’s stock worth $28,022,000 after buying an additional 153,757 shares during the period. Finally, Bank of America Corp DE lifted its position in shares of Vanguard S&P Mid-Cap 400 ETF by 10.7% during the 3rd quarter. Bank of America Corp DE now owns 1,306,760 shares of the company’s stock valued at $144,240,000 after buying an additional 126,381 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.