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

Shares of Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) hit a new 52-week high on Friday . The stock traded as high as $120.34 and last traded at $120.2490, with a volume of 13059 shares traded. The stock had previously closed at $117.78.

Vanguard S&P Mid-Cap 400 ETF Stock Performance

The company has a 50 day moving average of $115.32 and a 200 day moving average of $111.55. The stock has a market capitalization of $3.25 billion, a price-to-earnings ratio of 18.32 and a beta of 1.07.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Stordahl Capital Management Inc. raised its holdings in Vanguard S&P Mid-Cap 400 ETF by 2.2% during the fourth quarter. Stordahl Capital Management Inc. now owns 5,410 shares of the company’s stock worth $605,000 after purchasing an additional 115 shares during the last quarter. Diversify Advisory Services LLC grew its stake in Vanguard S&P Mid-Cap 400 ETF by 2.7% in the 4th quarter. Diversify Advisory Services LLC now owns 4,437 shares of the company’s stock worth $526,000 after acquiring an additional 116 shares during the period. Concurrent Investment Advisors LLC increased its stake in Vanguard S&P Mid-Cap 400 ETF by 1.8% in the fourth quarter. Concurrent Investment Advisors LLC now owns 6,912 shares of the company’s stock valued at $773,000 after purchasing an additional 120 shares during the last quarter. Assetmark Inc. increased its stake in shares of Vanguard S&P Mid-Cap 400 ETF by 96.1% during the 2nd quarter. Assetmark Inc. now owns 253 shares of the company’s stock valued at $27,000 after acquiring an additional 124 shares during the last quarter. Finally, Legacy Solutions LLC increased its position in Vanguard S&P Mid-Cap 400 ETF by 0.4% during the third quarter. Legacy Solutions LLC now owns 38,478 shares of the company’s stock worth $4,247,000 after purchasing an additional 153 shares during the last quarter.

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.