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

Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $122.58 and last traded at $121.25, with a volume of 101531 shares. The stock had previously closed at $121.59.

Vanguard S&P Mid-Cap 400 ETF Stock Down 0.3%

The stock has a market capitalization of $3.25 billion, a price-to-earnings ratio of 18.32 and a beta of 1.07. The stock has a fifty day moving average of $115.91 and a 200-day moving average of $111.82.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Assetmark Inc. raised its stake in 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 acquiring an additional 124 shares in the last quarter. Optima Capital LLC purchased a new position in shares of Vanguard S&P Mid-Cap 400 ETF during the fourth quarter worth about $39,000. CWM LLC increased its position in shares of 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 purchasing an additional 157 shares in the last quarter. Lodestone Wealth Management LLC acquired a new stake in shares of Vanguard S&P Mid-Cap 400 ETF during the fourth quarter worth about $43,000. Finally, Financial Life Planners purchased a new stake in shares of Vanguard S&P Mid-Cap 400 ETF in the 3rd quarter valued at about $44,000.

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.