Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) Sets New 1-Year High – What’s Next?

Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $119.61 and last traded at $119.0940, with a volume of 115470 shares changing hands. The stock had previously closed at $116.97.

Vanguard S&P Mid-Cap 400 ETF Stock Performance

The business has a 50-day moving average of $113.11 and a 200-day moving average of $110.64. The stock has a market capitalization of $3.19 billion, a price-to-earnings ratio of 18.32 and a beta of 1.07.

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

Institutional investors have recently modified their holdings of the business. Goldman Sachs Group Inc. boosted its stake in Vanguard S&P Mid-Cap 400 ETF by 2,162.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 853,272 shares of the company’s stock worth $84,218,000 after purchasing an additional 815,554 shares during the period. Starr Indemnity & Liability Co purchased a new stake in shares of Vanguard S&P Mid-Cap 400 ETF in the second quarter valued at about $38,223,000. Hantz Financial Services Inc. boosted its stake in shares of Vanguard S&P Mid-Cap 400 ETF by 45.0% during the third quarter. Hantz Financial Services Inc. now owns 782,136 shares of the company’s stock worth $86,331,000 after buying an additional 242,671 shares during the period. Bank of America Corp DE grew its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 10.7% during the third quarter. Bank of America Corp DE now owns 1,306,760 shares of the company’s stock worth $144,240,000 after buying an additional 126,381 shares during the last quarter. Finally, Brown Advisory Inc. grew its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 1,249.2% during the second quarter. Brown Advisory Inc. now owns 59,944 shares of the company’s stock worth $6,293,000 after buying an additional 55,501 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.