Vanguard Russell 2000 ETF (NASDAQ:VTWO) Shares Cross Above 50 Day Moving Average – What’s Next?

Vanguard Russell 2000 ETF (NASDAQ:VTWO) shares passed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $114.46 and traded as high as $115.56. Vanguard Russell 2000 ETF shares last traded at $114.65, with a volume of 2,940,557 shares traded.

Vanguard Russell 2000 ETF Price Performance

The stock has a market cap of $16.93 billion, a P/E ratio of 16.60 and a beta of 1.13. The firm’s 50-day moving average price is $114.46 and its 200-day moving average price is $112.68.

Institutional Investors Weigh In On Vanguard Russell 2000 ETF

Large investors have recently made changes to their positions in the company. 626 Financial LLC grew its holdings in Vanguard Russell 2000 ETF by 4.4% during the 3rd quarter. 626 Financial LLC now owns 5,900 shares of the company’s stock valued at $662,000 after buying an additional 247 shares in the last quarter. Lido Advisors LLC purchased a new stake in shares of Vanguard Russell 2000 ETF during the 3rd quarter worth approximately $24,808,000. Keybank National Association OH purchased a new stake in shares of Vanguard Russell 2000 ETF during the 3rd quarter worth approximately $307,000. Cornerstone Wealth Management LLC lifted its position in Vanguard Russell 2000 ETF by 4.1% during the third quarter. Cornerstone Wealth Management LLC now owns 11,331 shares of the company’s stock valued at $1,272,000 after purchasing an additional 450 shares during the last quarter. Finally, New York Life Investment Management LLC bought a new position in shares of Vanguard Russell 2000 ETF in the 3rd quarter valued at about $5,267,000.

About Vanguard Russell 2000 ETF

The Vanguard Russell 2000 ETF (VTWO) is an exchange-traded fund that is based on the Russell 2000 index, a market-cap-weighted index of US small-cap stocks VTWO was launched on Sep 20, 2010 and is managed by Vanguard.