Vanguard Industrials ETF (NYSEARCA:VIS) Sees Unusually-High Trading Volume – Still a Buy?

Shares of Vanguard Industrials ETF (NYSEARCA:VIS) saw an uptick in trading volume on Wednesday . 256,660 shares were traded during trading, an increase of 147% from the previous session’s volume of 103,768 shares.The stock last traded at $326.65 and had previously closed at $327.19.

Vanguard Industrials ETF Stock Down 0.5%

The company has a market capitalization of $6.74 billion, a P/E ratio of 23.72 and a beta of 1.11. The business has a 50 day simple moving average of $327.65 and a 200-day simple moving average of $306.71.

Institutional Trading of Vanguard Industrials ETF

Several hedge funds have recently bought and sold shares of VIS. Hilton Head Capital Partners LLC bought a new position in Vanguard Industrials ETF in the 4th quarter worth about $25,000. Empowered Funds LLC acquired a new position in shares of Vanguard Industrials ETF during the fourth quarter worth approximately $26,000. Glen Eagle Advisors LLC boosted its position in shares of Vanguard Industrials ETF by 110.0% during the fourth quarter. Glen Eagle Advisors LLC now owns 105 shares of the company’s stock worth $31,000 after buying an additional 55 shares during the period. Seneschal Advisors LLC bought a new position in Vanguard Industrials ETF in the 4th quarter worth approximately $36,000. Finally, Caldwell Trust Co bought a new position in Vanguard Industrials ETF in the 2nd quarter worth approximately $38,000.

About Vanguard Industrials ETF

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).