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

Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) shares hit a new 52-week high on Wednesday . The company traded as high as $130.60 and last traded at $130.40, with a volume of 90653 shares changing hands. The stock had previously closed at $129.50.

Vanguard S&P Mid-Cap 400 ETF Stock Performance

The stock’s fifty day moving average price is $125.82 and its 200-day moving average price is $120.23. The firm has a market cap of $3.68 billion, a PE ratio of 18.32 and a beta of 1.01.

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

Several institutional investors and hedge funds have recently made changes to their positions in the business. Sound Income Strategies LLC increased its position in Vanguard S&P Mid-Cap 400 ETF by 92.4% during the 1st quarter. Sound Income Strategies LLC now owns 279 shares of the company’s stock worth $32,000 after purchasing an additional 134 shares in the last quarter. Optima Capital LLC purchased a new stake in shares of Vanguard S&P Mid-Cap 400 ETF during the fourth quarter worth about $39,000. Lodestone Wealth Management LLC purchased a new stake in shares of Vanguard S&P Mid-Cap 400 ETF during the fourth quarter worth about $43,000. Financial Life Planners acquired a new position in shares of Vanguard S&P Mid-Cap 400 ETF in the third quarter valued at approximately $44,000. Finally, Blair William & Co. IL raised its position in shares of Vanguard S&P Mid-Cap 400 ETF by 81.7% in the third quarter. Blair William & Co. IL now owns 456 shares of the company’s stock valued at $50,000 after buying an additional 205 shares during the last quarter.

About Vanguard S&P Mid-Cap 400 ETF

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.