Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) Sets New 52-Week High – Here’s What Happened

Shares of Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOOGet Free Report) reached a new 52-week high on Wednesday . The company traded as high as $126.12 and last traded at $125.52, with a volume of 12936 shares traded. The stock had previously closed at $124.04.

Vanguard S&P Mid-Cap 400 ETF Stock Up 0.4%

The company’s fifty day moving average is $118.49 and its two-hundred day moving average is $115.73. The stock has a market cap of $3.46 billion, a price-to-earnings ratio of 18.32 and a beta of 1.02.

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

Hedge funds and other institutional investors have recently modified their holdings of the company. Savvy Advisors Inc. purchased a new stake in Vanguard S&P Mid-Cap 400 ETF during the 4th quarter worth about $4,682,000. Bedell Frazier Investment Counselling LLC purchased a new position in shares of Vanguard S&P Mid-Cap 400 ETF in the 3rd quarter valued at about $2,894,000. Fairway Wealth LLC raised its position in shares of Vanguard S&P Mid-Cap 400 ETF by 29.7% during the 3rd quarter. Fairway Wealth LLC now owns 22,827 shares of the company’s stock worth $2,520,000 after acquiring an additional 5,227 shares in the last quarter. Francis Financial Inc. raised its position in shares of Vanguard S&P Mid-Cap 400 ETF by 6.4% during the 3rd quarter. Francis Financial Inc. now owns 155,178 shares of the company’s stock worth $17,129,000 after acquiring an additional 9,381 shares in the last quarter. Finally, Checchi Capital Advisers LLC lifted its stake in Vanguard S&P Mid-Cap 400 ETF by 12.8% during the third quarter. Checchi Capital Advisers LLC now owns 49,635 shares of the company’s stock worth $5,479,000 after purchasing an additional 5,624 shares during the last quarter.

About Vanguard S&P Mid-Cap 400 ETF

(Get Free Report)

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.

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