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

Shares of Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $132.10 and last traded at $132.01, with a volume of 9431 shares traded. The stock had previously closed at $131.25.

Vanguard S&P Mid-Cap 400 ETF Stock Performance

The firm has a market capitalization of $3.85 billion, a P/E ratio of 18.32 and a beta of 1.01. The firm’s 50-day moving average is $128.43 and its 200 day moving average is $122.98.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Dogwood Wealth Management LLC acquired a new position in shares of Vanguard S&P Mid-Cap 400 ETF in the second quarter valued at approximately $26,000. Sound Income Strategies LLC grew its position in shares of 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. Archer Investment Corp acquired a new stake in shares of Vanguard S&P Mid-Cap 400 ETF in the second quarter valued at approximately $38,000. Optima Capital LLC acquired a new stake in shares of Vanguard S&P Mid-Cap 400 ETF in the fourth quarter valued at approximately $39,000. Finally, Financial Life Planners bought a new stake in shares of Vanguard S&P Mid-Cap 400 ETF in the first quarter valued at approximately $46,000.

Vanguard S&P Mid-Cap 400 ETF Company Profile

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.