Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) Sees Unusually-High Trading Volume – Here’s Why

Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOVGet Free Report) saw unusually-high trading volume on Monday . 13,148 shares traded hands during mid-day trading, a decline of 44% from the previous session’s volume of 23,297 shares.The stock last traded at $113.75 and had previously closed at $113.36.

Vanguard S&P Mid-Cap 400 Value ETF Stock Down 0.1%

The company has a market cap of $1.32 billion, a price-to-earnings ratio of 15.67 and a beta of 0.97. The business has a fifty day simple moving average of $110.21 and a 200 day simple moving average of $106.85.

Institutional Trading of Vanguard S&P Mid-Cap 400 Value ETF

Several hedge funds and other institutional investors have recently made changes to their positions in IVOV. Western Wealth Management LLC boosted its holdings in Vanguard S&P Mid-Cap 400 Value ETF by 25.6% during the first quarter. Western Wealth Management LLC now owns 3,061 shares of the company’s stock worth $312,000 after buying an additional 624 shares in the last quarter. Genesis Financial Group LLC purchased a new position in Vanguard S&P Mid-Cap 400 Value ETF in the first quarter valued at about $208,000. Claris Financial LLC acquired a new stake in shares of Vanguard S&P Mid-Cap 400 Value ETF during the 1st quarter valued at approximately $204,000. Cetera Investment Advisers lifted its position in shares of Vanguard S&P Mid-Cap 400 Value ETF by 2.9% during the 1st quarter. Cetera Investment Advisers now owns 15,786 shares of the company’s stock valued at $1,609,000 after acquiring an additional 442 shares during the period. Finally, D.A. Davidson & CO. lifted its position in shares of Vanguard S&P Mid-Cap 400 Value ETF by 9.2% during the 1st quarter. D.A. Davidson & CO. now owns 8,349 shares of the company’s stock valued at $851,000 after acquiring an additional 700 shares during the period.

About Vanguard S&P Mid-Cap 400 Value ETF

(Get Free Report)

The Vanguard S&P Mid-Cap 400 Value ETF (IVOV) is an exchange-traded fund that is based on the S&P Mid Cap 400 Value index. The fund tracks an index of value-style securities from the Committee-selected S&P mid-cap 400. IVOV was launched on Sep 9, 2010 and is managed by Vanguard.

Further Reading

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