Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Stock Price Breaks Above Two Hundred Day Moving Average – What’s Next?

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) shares passed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $261.78 and traded as high as $264.24. Vanguard Russell 2000 Growth ETF shares last traded at $262.78, with a volume of 19,371 shares trading hands.

Vanguard Russell 2000 Growth ETF Trading Down 2.3%

The company has a market capitalization of $1.41 billion, a price-to-earnings ratio of 20.82 and a beta of 1.21. The company has a 50 day moving average price of $264.48 and a 200 day moving average price of $261.81.

Institutional Trading of Vanguard Russell 2000 Growth ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VTWG. Horizons Wealth Management acquired a new position in shares of Vanguard Russell 2000 Growth ETF during the 3rd quarter worth about $27,000. CX Institutional acquired a new stake in shares of Vanguard Russell 2000 Growth ETF in the 3rd quarter valued at approximately $39,000. Integrated Wealth Concepts LLC bought a new position in Vanguard Russell 2000 Growth ETF during the 2nd quarter worth approximately $43,000. Western Wealth Management LLC bought a new position in Vanguard Russell 2000 Growth ETF during the 1st quarter worth approximately $44,000. Finally, Main Street Group LTD bought a new position in Vanguard Russell 2000 Growth ETF during the 1st quarter worth approximately $68,000.

About Vanguard Russell 2000 Growth ETF

The Vanguard Russell 2000 Growth ETF (VTWG) is an exchange-traded fund that is based on the Russell 2000 Growth index. The fund tracks an index of US small-cap growth stocks. Holdings are selected and weighted based on EPS growth estimates and historical sales growth. VTWG was launched on Sep 20, 2010 and is managed by Vanguard.