Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) Reaches New 52-Week High – Time to Buy?

Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $113.07 and last traded at $112.96, with a volume of 40648 shares changing hands. The stock had previously closed at $111.38.

Vanguard S&P Mid-Cap 400 ETF Stock Performance

The stock’s 50-day moving average price is $107.05 and its 200-day moving average price is $103.10. The company has a market capitalization of $2.22 billion, a price-to-earnings ratio of 7.55 and a beta of 1.11.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the company. International Assets Investment Management LLC raised its position in Vanguard S&P Mid-Cap 400 ETF by 147,691.7% during the third quarter. International Assets Investment Management LLC now owns 768,517 shares of the company’s stock worth $81,178,000 after acquiring an additional 767,997 shares during the last quarter. Cetera Investment Advisers raised its position in shares of Vanguard S&P Mid-Cap 400 ETF by 3,490.4% during the 1st quarter. Cetera Investment Advisers now owns 152,662 shares of the company’s stock worth $15,726,000 after purchasing an additional 148,410 shares during the last quarter. Hantz Financial Services Inc. lifted its stake in Vanguard S&P Mid-Cap 400 ETF by 83,625.0% in the 3rd quarter. Hantz Financial Services Inc. now owns 120,564 shares of the company’s stock valued at $12,735,000 after buying an additional 120,420 shares in the last quarter. Savant Capital LLC lifted its stake in Vanguard S&P Mid-Cap 400 ETF by 1,136.5% in the 2nd quarter. Savant Capital LLC now owns 129,742 shares of the company’s stock valued at $12,859,000 after buying an additional 119,249 shares in the last quarter. Finally, Francis Financial Inc. grew its holdings in Vanguard S&P Mid-Cap 400 ETF by 91.0% during the 3rd quarter. Francis Financial Inc. now owns 136,608 shares of the company’s stock valued at $14,431,000 after buying an additional 65,072 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.