Spire Wealth Management Sells 1,320 Shares of Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO)

Spire Wealth Management lowered its holdings in Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) by 13.5% in the 1st quarter, HoldingsChannel reports. The firm owned 8,433 shares of the company’s stock after selling 1,320 shares during the quarter. Spire Wealth Management’s holdings in Vanguard S&P Mid-Cap 400 ETF were worth $832,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Thoroughbred Financial Services LLC raised its position in Vanguard S&P Mid-Cap 400 ETF by 3.4% during the fourth quarter. Thoroughbred Financial Services LLC now owns 3,531 shares of the company’s stock worth $372,000 after acquiring an additional 117 shares during the period. Zhang Financial LLC raised its holdings in Vanguard S&P Mid-Cap 400 ETF by 1.6% in the first quarter. Zhang Financial LLC now owns 9,867 shares of the company’s stock valued at $974,000 after acquiring an additional 151 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in Vanguard S&P Mid-Cap 400 ETF by 58.3% in the fourth quarter. Jones Financial Companies Lllp now owns 475 shares of the company’s stock valued at $50,000 after acquiring an additional 175 shares in the last quarter. Valmark Advisers Inc. raised its holdings in Vanguard S&P Mid-Cap 400 ETF by 3.0% during the first quarter. Valmark Advisers Inc. now owns 8,687 shares of the company’s stock worth $857,000 after purchasing an additional 254 shares in the last quarter. Finally, Ameriflex Group Inc. acquired a new stake in Vanguard S&P Mid-Cap 400 ETF during the fourth quarter worth approximately $31,000.

Vanguard S&P Mid-Cap 400 ETF Trading Up 0.2%

Shares of IVOO opened at $104.91 on Friday. The company’s 50 day simple moving average is $101.08 and its 200-day simple moving average is $102.72. Vanguard S&P Mid-Cap 400 ETF has a 12-month low of $84.85 and a 12-month high of $115.71. The firm has a market cap of $2.66 billion, a PE ratio of 18.32 and a beta of 1.13.

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.