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

Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $110.99 and last traded at $110.72, with a volume of 22386 shares traded. The stock had previously closed at $106.85.

Vanguard S&P Mid-Cap 400 ETF Stock Performance

The company’s 50 day moving average price is $104.78 and its 200-day moving average price is $101.99. The company has a market cap of $2.18 billion, a price-to-earnings ratio of 7.55 and a beta of 1.11.

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

Hedge funds have recently made changes to their positions in the business. International Assets Investment Management LLC boosted its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 147,691.7% in the third quarter. International Assets Investment Management LLC now owns 768,517 shares of the company’s stock worth $81,178,000 after buying an additional 767,997 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 4.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 368,093 shares of the company’s stock worth $36,481,000 after buying an additional 15,439 shares during the period. LPL Financial LLC boosted its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 0.4% in the second quarter. LPL Financial LLC now owns 313,602 shares of the company’s stock worth $31,081,000 after buying an additional 1,290 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 2.1% in the second quarter. Envestnet Asset Management Inc. now owns 259,203 shares of the company’s stock worth $25,690,000 after buying an additional 5,273 shares during the period. Finally, Soltis Investment Advisors LLC boosted its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 2.6% in the first quarter. Soltis Investment Advisors LLC now owns 209,346 shares of the company’s stock worth $21,565,000 after buying an additional 5,210 shares during the period.

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.