Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) Sets New 1-Year High – Still a Buy?

Shares of Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $130.45 and last traded at $129.59, with a volume of 38877 shares changing hands. The stock had previously closed at $128.21.

Vanguard S&P Mid-Cap 400 ETF Price Performance

The stock has a market cap of $3.56 billion, a price-to-earnings ratio of 18.32 and a beta of 1.01. The firm has a 50 day simple moving average of $125.30 and a two-hundred day simple moving average of $119.73.

Institutional Trading of Vanguard S&P Mid-Cap 400 ETF

Several hedge funds have recently added to or reduced their stakes in IVOO. Chicago Partners Investment Group LLC lifted its stake in Vanguard S&P Mid-Cap 400 ETF by 1.3% in the first quarter. Chicago Partners Investment Group LLC now owns 7,832 shares of the company’s stock valued at $963,000 after buying an additional 104 shares in the last quarter. Wealth Watch Advisors INC raised its stake in shares of Vanguard S&P Mid-Cap 400 ETF by 4.8% in the 1st quarter. Wealth Watch Advisors INC now owns 2,377 shares of the company’s stock valued at $272,000 after purchasing an additional 108 shares during the period. Stordahl Capital Management Inc. lifted its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 2.2% in the fourth quarter. Stordahl Capital Management Inc. now owns 5,410 shares of the company’s stock valued at $605,000 after purchasing an additional 115 shares in the last quarter. Diversify Advisory Services LLC grew its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 2.7% during the fourth quarter. Diversify Advisory Services LLC now owns 4,437 shares of the company’s stock worth $526,000 after buying an additional 116 shares in the last quarter. Finally, Concurrent Investment Advisors LLC raised its position in Vanguard S&P Mid-Cap 400 ETF by 1.8% in the 4th quarter. Concurrent Investment Advisors LLC now owns 6,912 shares of the company’s stock valued at $773,000 after buying an additional 120 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.