Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) Hits New 52-Week High – Should You Buy?

Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) shares reached a new 52-week high on Thursday . The stock traded as high as $130.45 and last traded at $129.59, with a volume of 38877 shares changing hands. The stock had previously closed at $128.21.

Vanguard S&P Mid-Cap 400 ETF Price Performance

The stock’s 50-day moving average is $124.97 and its two-hundred day moving average is $119.55. The company has a market cap of $3.57 billion, a P/E ratio of 18.32 and a beta of 1.01.

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

Several hedge funds and other institutional investors have recently modified their holdings of IVOO. Sound Income Strategies LLC grew its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 92.4% in the first quarter. Sound Income Strategies LLC now owns 279 shares of the company’s stock worth $32,000 after acquiring an additional 134 shares during the period. Optima Capital LLC bought a new stake in shares of Vanguard S&P Mid-Cap 400 ETF during the 4th quarter valued at about $39,000. Lodestone Wealth Management LLC bought a new stake in shares of Vanguard S&P Mid-Cap 400 ETF during the 4th quarter valued at about $43,000. Financial Life Planners purchased a new stake in shares of Vanguard S&P Mid-Cap 400 ETF during the 3rd quarter valued at about $44,000. Finally, Blair William & Co. IL increased its position in shares of Vanguard S&P Mid-Cap 400 ETF by 81.7% during the 3rd quarter. Blair William & Co. IL now owns 456 shares of the company’s stock valued at $50,000 after purchasing an additional 205 shares during the last quarter.

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.