Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) Reaches New 1-Year High – Should You Buy?

Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO)’s share price reached a new 52-week high during trading on Friday . The company traded as high as $122.77 and last traded at $122.57, with a volume of 7341 shares traded. The stock had previously closed at $120.97.

Vanguard S&P Mid-Cap 400 ETF Price Performance

The stock has a market capitalization of $3.41 billion, a P/E ratio of 18.32 and a beta of 1.04. The stock has a fifty day moving average price of $117.87 and a 200 day moving average price of $114.44.

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

Large investors have recently added to or reduced their stakes in the business. Optima Capital LLC bought a new stake in Vanguard S&P Mid-Cap 400 ETF during the fourth quarter valued at $39,000. CWM LLC boosted its stake in 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 valued at $40,000 after buying an additional 157 shares during the period. Lodestone Wealth Management LLC bought a new stake in Vanguard S&P Mid-Cap 400 ETF during the fourth quarter valued at $43,000. Financial Life Planners bought a new stake in Vanguard S&P Mid-Cap 400 ETF during the third quarter valued at $44,000. Finally, Blair William & Co. IL boosted its stake in Vanguard S&P Mid-Cap 400 ETF by 81.7% during the third quarter. Blair William & Co. IL now owns 456 shares of the company’s stock valued at $50,000 after buying an additional 205 shares during the period.

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.