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

Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) reached a new 52-week high during trading on Tuesday . The company traded as high as $115.39 and last traded at $115.3970, with a volume of 88730 shares trading hands. The stock had previously closed at $114.80.

Vanguard S&P Mid-Cap 400 ETF Stock Performance

The business has a 50-day simple moving average of $111.31 and a two-hundred day simple moving average of $109.65. The company has a market capitalization of $3.08 billion, a price-to-earnings ratio of 18.32 and a beta of 1.07.

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

Several institutional investors have recently made changes to their positions in IVOO. CGN Advisors LLC increased its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 15.3% in the 4th quarter. CGN Advisors LLC now owns 4,400 shares of the company’s stock valued at $492,000 after purchasing an additional 585 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Vanguard S&P Mid-Cap 400 ETF by 1.3% in the third quarter. JPMorgan Chase & Co. now owns 175,606 shares of the company’s stock valued at $19,383,000 after purchasing an additional 2,317 shares during the period. Advisory Services Network LLC purchased a new stake in shares of Vanguard S&P Mid-Cap 400 ETF in the third quarter valued at $186,000. NewEdge Advisors LLC increased its stake in Vanguard S&P Mid-Cap 400 ETF by 173.1% in the third quarter. NewEdge Advisors LLC now owns 7,866 shares of the company’s stock valued at $868,000 after purchasing an additional 4,986 shares during the last quarter. Finally, American Trust lifted its position in Vanguard S&P Mid-Cap 400 ETF by 3.8% during the third quarter. American Trust now owns 4,584 shares of the company’s stock worth $506,000 after buying an additional 167 shares during the period.

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.