Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) Reaches New 12-Month High – What’s Next?

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

Vanguard S&P Mid-Cap 400 ETF Trading Up 0.5 %

The firm has a market cap of $2.19 billion, a price-to-earnings ratio of 7.55 and a beta of 1.11. The stock’s 50 day moving average is $105.21 and its 200 day moving average is $102.22.

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

Hedge funds and other institutional investors have recently made changes to their positions in the company. Lowe Wealth Advisors LLC bought a new stake in Vanguard S&P Mid-Cap 400 ETF in the second quarter valued at approximately $29,000. Russell Investments Group Ltd. bought a new position in shares of Vanguard S&P Mid-Cap 400 ETF in the first quarter valued at approximately $41,000. Asset Dedication LLC purchased a new stake in shares of Vanguard S&P Mid-Cap 400 ETF in the second quarter valued at about $40,000. Mather Group LLC. purchased a new position in shares of Vanguard S&P Mid-Cap 400 ETF in the 2nd quarter worth approximately $44,000. Finally, International Assets Investment Management LLC bought a new position in Vanguard S&P Mid-Cap 400 ETF in the 2nd quarter valued at $52,000.

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.