Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) Sets New 52-Week High – Should You Buy?

Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOOGet Free Report)’s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $128.59 and last traded at $127.91, with a volume of 15125 shares. The stock had previously closed at $124.58.

Vanguard S&P Mid-Cap 400 ETF Stock Up 0.7%

The company has a market capitalization of $3.55 billion, a price-to-earnings ratio of 18.32 and a beta of 1.01. The business’s 50-day moving average is $122.98 and its 200-day moving average is $118.47.

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

Several institutional investors and hedge funds have recently modified their holdings of the stock. WNY Asset Management LLC acquired a new stake in Vanguard S&P Mid-Cap 400 ETF during the first quarter worth about $485,000. Bank of America Corp DE boosted its position in Vanguard S&P Mid-Cap 400 ETF by 5.2% in the 1st quarter. Bank of America Corp DE now owns 1,397,368 shares of the company’s stock worth $159,747,000 after purchasing an additional 69,190 shares in the last quarter. Envision Financial Planning LLC boosted its position in Vanguard S&P Mid-Cap 400 ETF by 20.4% in the 1st quarter. Envision Financial Planning LLC now owns 13,773 shares of the company’s stock worth $1,575,000 after purchasing an additional 2,337 shares in the last quarter. Wealth Watch Advisors INC grew its stake in shares of Vanguard S&P Mid-Cap 400 ETF by 4.8% during the 1st quarter. Wealth Watch Advisors INC now owns 2,377 shares of the company’s stock worth $272,000 after purchasing an additional 108 shares during the period. Finally, Cassaday & Co Wealth Management LLC purchased a new position in shares of Vanguard S&P Mid-Cap 400 ETF during the 1st quarter valued at approximately $92,000.

About Vanguard S&P Mid-Cap 400 ETF

(Get Free Report)

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.

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