Vanguard S&P Mid-Cap 400 Growth ETF (NYSEARCA:IVOG) Sets New 12-Month Low – Here’s Why

Vanguard S&P Mid-Cap 400 Growth ETF (NYSEARCA:IVOG) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $102.47 and last traded at $103.35, with a volume of 41813 shares changing hands. The stock had previously closed at $105.83.

Vanguard S&P Mid-Cap 400 Growth ETF Stock Performance

The company has a market capitalization of $1.04 billion, a price-to-earnings ratio of 19.97 and a beta of 1.12. The company has a 50-day moving average price of $114.33 and a 200-day moving average price of $115.37.

Hedge Funds Weigh In On Vanguard S&P Mid-Cap 400 Growth ETF

A number of large investors have recently added to or reduced their stakes in IVOG. Raymond James Financial Inc. bought a new stake in Vanguard S&P Mid-Cap 400 Growth ETF during the 4th quarter worth about $22,301,000. LPL Financial LLC grew its stake in Vanguard S&P Mid-Cap 400 Growth ETF by 0.8% in the fourth quarter. LPL Financial LLC now owns 174,669 shares of the company’s stock valued at $19,683,000 after purchasing an additional 1,395 shares in the last quarter. Octavia Wealth Advisors LLC increased its position in shares of Vanguard S&P Mid-Cap 400 Growth ETF by 0.6% during the 4th quarter. Octavia Wealth Advisors LLC now owns 146,110 shares of the company’s stock worth $16,465,000 after purchasing an additional 835 shares during the last quarter. Wells Fargo & Company MN raised its stake in shares of Vanguard S&P Mid-Cap 400 Growth ETF by 3.0% during the 4th quarter. Wells Fargo & Company MN now owns 111,727 shares of the company’s stock worth $12,590,000 after purchasing an additional 3,243 shares in the last quarter. Finally, LJI Wealth Management LLC raised its stake in shares of Vanguard S&P Mid-Cap 400 Growth ETF by 1.8% during the 4th quarter. LJI Wealth Management LLC now owns 97,346 shares of the company’s stock worth $10,970,000 after purchasing an additional 1,749 shares in the last quarter.

Vanguard S&P Mid-Cap 400 Growth ETF Company Profile

The Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) is an exchange-traded fund that is based on the S&P Mid Cap 400 Growth index, a market-cap-weighted index of growth companies curated from the S&P 400. IVOG was launched on Sep 9, 2010 and is managed by Vanguard.