Vanguard Industrials ETF (NYSEARCA:VIS) Stock Crosses Below 50 Day Moving Average – Here’s Why

Vanguard Industrials ETF (NYSEARCA:VIS) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $267.12 and traded as low as $253.91. Vanguard Industrials ETF shares last traded at $254.39, with a volume of 60,375 shares trading hands.

Vanguard Industrials ETF Stock Up 1.2 %

The stock’s 50-day moving average price is $266.97 and its 200 day moving average price is $254.20. The company has a market cap of $5.60 billion, a P/E ratio of 24.56 and a beta of 0.99.

Institutional Trading of Vanguard Industrials ETF

Hedge funds have recently bought and sold shares of the stock. RPg Family Wealth Advisory LLC bought a new stake in shares of Vanguard Industrials ETF in the 3rd quarter worth approximately $29,000. Larson Financial Group LLC lifted its position in Vanguard Industrials ETF by 833.3% in the third quarter. Larson Financial Group LLC now owns 140 shares of the company’s stock worth $36,000 after purchasing an additional 125 shares during the period. International Assets Investment Management LLC acquired a new stake in Vanguard Industrials ETF during the second quarter worth $40,000. Fairscale Capital LLC bought a new stake in Vanguard Industrials ETF in the 2nd quarter valued at $64,000. Finally, Private Trust Co. NA raised its stake in shares of Vanguard Industrials ETF by 17.1% in the 3rd quarter. Private Trust Co. NA now owns 308 shares of the company’s stock valued at $80,000 after buying an additional 45 shares in the last quarter.

Vanguard Industrials ETF Company Profile

Vanguard Industrials ETF (the Fund) seeks to track the investment performance of the MSCI US Investable Market Industrials 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the industrials sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies whose businesses are dominated by one of the following activities, the manufacture and distribution of capital goods (including aerospace and defense, construction, engineering and building products, electrical equipment, and industrial machinery); the provision of commercial services and supplies (including printing, employment, environmental, and office services); or the provision of transportation services (including airlines, couriers, marine, road and rail, and transportation infrastructure).