Vanguard S&P Mid-Cap 400 Growth ETF (NYSEARCA:IVOG) Hits New 52-Week Low – What’s Next?

Shares of Vanguard S&P Mid-Cap 400 Growth ETF (NYSEARCA:IVOG) reached a new 52-week low on Thursday . The company traded as low as $98.99 and last traded at $99.92, with a volume of 45036 shares trading hands. The stock had previously closed at $106.11.

Vanguard S&P Mid-Cap 400 Growth ETF Stock Performance

The stock has a market cap of $1.02 billion, a P/E ratio of 21.40 and a beta of 1.12. The company has a 50-day simple moving average of $110.59 and a 200-day simple moving average of $114.54.

Institutional Investors Weigh In On Vanguard S&P Mid-Cap 400 Growth ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in IVOG. Raymond James Financial Inc. bought a new stake in shares of Vanguard S&P Mid-Cap 400 Growth ETF during the fourth quarter valued at approximately $22,301,000. LPL Financial LLC boosted its position in Vanguard S&P Mid-Cap 400 Growth ETF by 0.8% in the 4th quarter. LPL Financial LLC now owns 174,669 shares of the company’s stock valued at $19,683,000 after buying an additional 1,395 shares during the last quarter. Octavia Wealth Advisors LLC increased its stake in shares of Vanguard S&P Mid-Cap 400 Growth ETF by 0.6% in the 4th quarter. Octavia Wealth Advisors LLC now owns 146,110 shares of the company’s stock valued at $16,465,000 after buying an additional 835 shares during the period. Wells Fargo & Company MN raised its position in shares of Vanguard S&P Mid-Cap 400 Growth ETF by 3.0% during the fourth quarter. Wells Fargo & Company MN now owns 111,727 shares of the company’s stock worth $12,590,000 after acquiring an additional 3,243 shares during the last quarter. Finally, LJI Wealth Management LLC lifted its stake in shares of Vanguard S&P Mid-Cap 400 Growth ETF by 1.8% during the fourth quarter. LJI Wealth Management LLC now owns 97,346 shares of the company’s stock valued at $10,970,000 after acquiring an additional 1,749 shares during the period.

About Vanguard S&P Mid-Cap 400 Growth ETF

The Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) is an exchange-traded fund that is based on the S&P Mid Cap 400 Growth index, a market-cap-weighted index of growth companies curated from the S&P 400. IVOG was launched on Sep 9, 2010 and is managed by Vanguard.