Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) Sets New 12-Month High – Should You Buy?

Shares of Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) reached a new 52-week high during trading on Friday . The stock traded as high as $122.74 and last traded at $121.9340, with a volume of 22821 shares traded. The stock had previously closed at $121.35.

Vanguard S&P Mid-Cap 400 ETF Stock Up 0.5%

The company’s fifty day moving average price is $116.83 and its two-hundred day moving average price is $112.35. The firm has a market cap of $3.26 billion, a PE ratio of 18.32 and a beta of 1.07.

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

Institutional investors have recently made changes to their positions in the stock. Assetmark Inc. grew its stake in shares of Vanguard S&P Mid-Cap 400 ETF by 96.1% during the 2nd quarter. Assetmark Inc. now owns 253 shares of the company’s stock worth $27,000 after purchasing an additional 124 shares during the period. Optima Capital LLC acquired a new stake in shares of Vanguard S&P Mid-Cap 400 ETF in the fourth quarter valued at about $39,000. CWM LLC boosted its holdings in Vanguard S&P Mid-Cap 400 ETF by 77.7% during the third quarter. CWM LLC now owns 359 shares of the company’s stock worth $40,000 after buying an additional 157 shares in the last quarter. Lodestone Wealth Management LLC acquired a new position in Vanguard S&P Mid-Cap 400 ETF during the fourth quarter worth about $43,000. Finally, Financial Life Planners purchased a new position in Vanguard S&P Mid-Cap 400 ETF in the third quarter valued at about $44,000.

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.