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

Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) reached a new 52-week high during trading on Wednesday . The company traded as high as $110.99 and last traded at $110.72, with a volume of 22386 shares trading hands. The stock had previously closed at $106.85.

Vanguard S&P Mid-Cap 400 ETF Trading Up 4.1 %

The stock’s 50 day simple moving average is $104.78 and its 200 day simple moving average is $101.99. The stock has a market capitalization of $2.18 billion, a P/E ratio of 7.55 and a beta of 1.11.

Institutional Trading of Vanguard S&P Mid-Cap 400 ETF

A number of large investors have recently modified their holdings of IVOO. Lowe Wealth Advisors LLC acquired a new stake in shares of Vanguard S&P Mid-Cap 400 ETF in the 2nd quarter worth about $29,000. Asset Dedication LLC acquired a new position in Vanguard S&P Mid-Cap 400 ETF during the 2nd quarter valued at about $40,000. Russell Investments Group Ltd. acquired a new position in Vanguard S&P Mid-Cap 400 ETF during the 1st quarter valued at about $41,000. Mather Group LLC. acquired a new position in Vanguard S&P Mid-Cap 400 ETF during the 2nd quarter valued at about $44,000. Finally, International Assets Investment Management LLC acquired a new position in Vanguard S&P Mid-Cap 400 ETF during the 2nd quarter valued at about $52,000.

Vanguard S&P Mid-Cap 400 ETF Company Profile

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.