Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) Reaches New 1-Year High – Should You Buy?

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

Vanguard S&P Mid-Cap 400 ETF Price Performance

The stock has a fifty day moving average price of $117.87 and a 200 day moving average price of $114.44. The stock has a market capitalization of $3.41 billion, a P/E ratio of 18.32 and a beta of 1.04.

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

A number of large investors have recently made changes to their positions in the stock. Stordahl Capital Management Inc. boosted its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 2.2% in the fourth quarter. Stordahl Capital Management Inc. now owns 5,410 shares of the company’s stock worth $605,000 after acquiring an additional 115 shares during the period. Diversify Advisory Services LLC boosted its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 2.7% in the fourth quarter. Diversify Advisory Services LLC now owns 4,437 shares of the company’s stock worth $526,000 after acquiring an additional 116 shares during the period. Concurrent Investment Advisors LLC boosted its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 1.8% in the fourth quarter. Concurrent Investment Advisors LLC now owns 6,912 shares of the company’s stock worth $773,000 after acquiring an additional 120 shares during the period. Ieq Capital LLC boosted its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 1.2% in the fourth quarter. Ieq Capital LLC now owns 12,888 shares of the company’s stock worth $1,441,000 after acquiring an additional 149 shares during the period. Finally, Legacy Solutions LLC boosted its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 0.4% in the third quarter. Legacy Solutions LLC now owns 38,478 shares of the company’s stock worth $4,247,000 after acquiring an additional 153 shares during the period.

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.