Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) Hits New 52-Week High – Still a Buy?

Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) hit a new 52-week high on Wednesday . The stock 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 0.5 %

The stock has a fifty day simple moving average of $105.21 and a two-hundred day simple moving average of $102.22. The firm has a market cap of $2.19 billion, a PE ratio of 7.55 and a beta of 1.11.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. International Assets Investment Management LLC grew its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 147,691.7% in the third quarter. International Assets Investment Management LLC now owns 768,517 shares of the company’s stock worth $81,178,000 after purchasing an additional 767,997 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Vanguard S&P Mid-Cap 400 ETF by 4.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 368,093 shares of the company’s stock worth $36,481,000 after acquiring an additional 15,439 shares during the last quarter. LPL Financial LLC lifted its stake in shares of Vanguard S&P Mid-Cap 400 ETF by 0.4% in the second quarter. LPL Financial LLC now owns 313,602 shares of the company’s stock worth $31,081,000 after buying an additional 1,290 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 2.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 259,203 shares of the company’s stock worth $25,690,000 after purchasing an additional 5,273 shares in the last quarter. Finally, Soltis Investment Advisors LLC boosted its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 2.6% during the 1st quarter. Soltis Investment Advisors LLC now owns 209,346 shares of the company’s stock valued at $21,565,000 after acquiring an additional 5,210 shares during the last quarter.

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.