Vanguard Industrials ETF (NYSEARCA:VIS) Reaches New 52-Week High – Here’s Why

Vanguard Industrials ETF (NYSEARCA:VIS)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $356.42 and last traded at $355.87, with a volume of 43617 shares changing hands. The stock had previously closed at $353.56.

Vanguard Industrials ETF Price Performance

The company has a 50-day simple moving average of $339.78 and a 200-day simple moving average of $326.44. The firm has a market cap of $7.91 billion, a PE ratio of 23.72 and a beta of 1.04.

Hedge Funds Weigh In On Vanguard Industrials ETF

A number of large investors have recently bought and sold shares of VIS. Hilton Head Capital Partners LLC purchased a new stake in Vanguard Industrials ETF in the fourth quarter worth $25,000. Empowered Funds LLC bought a new position in shares of Vanguard Industrials ETF in the fourth quarter worth about $26,000. International Assets Investment Management LLC purchased a new position in Vanguard Industrials ETF in the 1st quarter worth about $28,000. Bessemer Group Inc. purchased a new position in Vanguard Industrials ETF in the 1st quarter worth about $30,000. Finally, Glen Eagle Advisors LLC lifted its holdings in Vanguard Industrials ETF by 110.0% during the 4th quarter. Glen Eagle Advisors LLC now owns 105 shares of the company’s stock valued at $31,000 after buying an additional 55 shares in the last quarter.

Vanguard Industrials ETF Company Profile

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).