Mountain Capital Investment Advisors Inc. Trims Holdings in Vanguard S&P Mid-Cap 400 ETF $IVOO

Mountain Capital Investment Advisors Inc. trimmed its position in Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) by 98.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,868 shares of the company’s stock after selling 297,879 shares during the period. Vanguard S&P Mid-Cap 400 ETF comprises about 0.1% of Mountain Capital Investment Advisors Inc.’s investment portfolio, making the stock its 24th largest position. Mountain Capital Investment Advisors Inc.’s holdings in Vanguard S&P Mid-Cap 400 ETF were worth $624,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. HighTower Advisors LLC lifted its holdings in Vanguard S&P Mid-Cap 400 ETF by 5.0% in the 1st quarter. HighTower Advisors LLC now owns 2,073 shares of the company’s stock valued at $205,000 after purchasing an additional 99 shares in the last quarter. Park Avenue Securities LLC lifted its holdings in Vanguard S&P Mid-Cap 400 ETF by 1.0% in the 2nd quarter. Park Avenue Securities LLC now owns 13,059 shares of the company’s stock valued at $1,371,000 after purchasing an additional 133 shares in the last quarter. Alpha Financial Partners LLC lifted its holdings in Vanguard S&P Mid-Cap 400 ETF by 5.7% in the 1st quarter. Alpha Financial Partners LLC now owns 2,471 shares of the company’s stock valued at $244,000 after purchasing an additional 134 shares in the last quarter. 1900 Wealth Management LLC lifted its holdings in Vanguard S&P Mid-Cap 400 ETF by 3.6% in the 2nd quarter. 1900 Wealth Management LLC now owns 4,461 shares of the company’s stock valued at $468,000 after purchasing an additional 153 shares in the last quarter. Finally, WealthBridge Capital Management LLC lifted its holdings in Vanguard S&P Mid-Cap 400 ETF by 1.6% in the 1st quarter. WealthBridge Capital Management LLC now owns 10,916 shares of the company’s stock valued at $1,077,000 after purchasing an additional 171 shares in the last quarter.

Vanguard S&P Mid-Cap 400 ETF Trading Up 0.3%

NYSEARCA:IVOO opened at $109.11 on Monday. The firm has a market cap of $2.83 billion, a price-to-earnings ratio of 18.32 and a beta of 1.13. The company’s 50-day moving average is $110.03 and its two-hundred day moving average is $104.60. Vanguard S&P Mid-Cap 400 ETF has a 12-month low of $84.85 and a 12-month high of $115.71.

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.