Vanguard Industrials ETF (NYSEARCA:VIS) Share Price Crosses Below Fifty Day Moving Average – Should You Sell?

Vanguard Industrials ETF (NYSEARCA:VIS)’s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $267.12 and traded as low as $253.91. Vanguard Industrials ETF shares last traded at $254.39, with a volume of 60,375 shares.

Vanguard Industrials ETF Trading Up 1.2 %

The firm’s 50 day simple moving average is $266.97 and its two-hundred day simple moving average is $254.20. The firm has a market cap of $5.60 billion, a price-to-earnings ratio of 24.56 and a beta of 0.99.

Institutional Investors Weigh In On Vanguard Industrials ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Wulff Hansen & CO. lifted its stake in Vanguard Industrials ETF by 23,422.0% during the second quarter. Wulff Hansen & CO. now owns 279,912 shares of the company’s stock worth $65,841,000 after purchasing an additional 278,722 shares during the last quarter. LPL Financial LLC lifted its position in shares of Vanguard Industrials ETF by 11.6% during the 2nd quarter. LPL Financial LLC now owns 176,795 shares of the company’s stock worth $41,586,000 after buying an additional 18,392 shares during the last quarter. Stifel Financial Corp boosted its stake in Vanguard Industrials ETF by 6.5% in the third quarter. Stifel Financial Corp now owns 156,487 shares of the company’s stock valued at $40,701,000 after buying an additional 9,575 shares in the last quarter. Strategic Financial Concepts LLC bought a new position in Vanguard Industrials ETF in the second quarter valued at about $30,527,000. Finally, Raymond James & Associates raised its stake in Vanguard Industrials ETF by 22.3% during the third quarter. Raymond James & Associates now owns 122,647 shares of the company’s stock worth $31,897,000 after acquiring an additional 22,382 shares in the last quarter.

About Vanguard Industrials ETF

Vanguard Industrials ETF (the Fund) seeks to track the investment performance of the MSCI US Investable Market Industrials 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the industrials sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies whose businesses are dominated by one of the following activities, the manufacture and distribution of capital goods (including aerospace and defense, construction, engineering and building products, electrical equipment, and industrial machinery); the provision of commercial services and supplies (including printing, employment, environmental, and office services); or the provision of transportation services (including airlines, couriers, marine, road and rail, and transportation infrastructure).