Vanguard Industrials ETF (NYSEARCA:VIS) Share Price Breaks Above 50-Day Moving Average – Here’s Why

Vanguard Industrials ETF (NYSEARCA:VIS) shares passed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $326.58 and traded as high as $330.99. Vanguard Industrials ETF shares last traded at $328.54, with a volume of 140,828 shares trading hands.

Vanguard Industrials ETF Price Performance

The firm has a market capitalization of $8.23 billion, a P/E ratio of 23.72 and a beta of 1.04. The stock’s fifty day simple moving average is $326.58 and its 200 day simple moving average is $334.92.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Independent Financial Group LLC bought a new position in shares of Vanguard Industrials ETF during the 1st quarter worth approximately $2,019,000. Y Intercept Hong Kong Ltd purchased a new stake in Vanguard Industrials ETF during the first quarter valued at approximately $1,612,000. Timbuktu Capital Management LLC purchased a new stake in Vanguard Industrials ETF during the second quarter valued at approximately $707,000. Compass Financial Management LLC acquired a new stake in Vanguard Industrials ETF in the second quarter valued at approximately $912,000. Finally, Oppenheimer & Co. Inc. acquired a new stake in Vanguard Industrials ETF in the third quarter valued at approximately $2,468,000.

Vanguard Industrials ETF Company Profile

Vanguard Industrials ETF (the Fund) seeks to track the investment performance of the MSCI US Investable Market Industrials 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the industrials sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies whose businesses are dominated by one of the following activities, the manufacture and distribution of capital goods (including aerospace and defense, construction, engineering and building products, electrical equipment, and industrial machinery); the provision of commercial services and supplies (including printing, employment, environmental, and office services); or the provision of transportation services (including airlines, couriers, marine, road and rail, and transportation infrastructure).