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 stock price 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 Price Performance

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

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. CGN Advisors LLC lifted its position in Vanguard S&P Mid-Cap 400 ETF by 15.3% in the fourth quarter. CGN Advisors LLC now owns 4,400 shares of the company’s stock valued at $492,000 after acquiring an additional 585 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Vanguard S&P Mid-Cap 400 ETF by 1.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 175,606 shares of the company’s stock worth $19,383,000 after buying an additional 2,317 shares during the last quarter. Advisory Services Network LLC acquired a new stake in shares of Vanguard S&P Mid-Cap 400 ETF in the third quarter valued at approximately $186,000. NewEdge Advisors LLC grew its position in shares of Vanguard S&P Mid-Cap 400 ETF by 173.1% during the third quarter. NewEdge Advisors LLC now owns 7,866 shares of the company’s stock worth $868,000 after acquiring an additional 4,986 shares during the last quarter. Finally, American Trust increased its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 3.8% in the 3rd quarter. American Trust now owns 4,584 shares of the company’s stock valued at $506,000 after acquiring 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.