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

Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $122.77 and last traded at $122.57, with a volume of 7341 shares. The stock had previously closed at $120.97.

Vanguard S&P Mid-Cap 400 ETF Stock Performance

The stock has a market cap of $3.41 billion, a P/E ratio of 18.32 and a beta of 1.04. The company’s 50 day moving average price is $117.91 and its 200-day moving average price is $114.56.

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

A number of hedge funds have recently modified their holdings of IVOO. Goldman Sachs Group Inc. boosted its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 2,162.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 853,272 shares of the company’s stock valued at $84,218,000 after buying an additional 815,554 shares in the last quarter. Baird Financial Group Inc. boosted its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 9.8% during the 2nd quarter. Baird Financial Group Inc. now owns 5,264 shares of the company’s stock valued at $553,000 after buying an additional 471 shares in the last quarter. Diversify Advisory Services LLC boosted its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 4.6% during the 2nd quarter. Diversify Advisory Services LLC now owns 4,197 shares of the company’s stock valued at $453,000 after buying an additional 183 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 1.8% during the 2nd quarter. Raymond James Financial Inc. now owns 313,532 shares of the company’s stock valued at $32,915,000 after buying an additional 5,405 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 8.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 204,205 shares of the company’s stock valued at $21,430,000 after buying an additional 16,568 shares in 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.