Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) saw unusually-high trading volume on Thursday. 33,785 shares changed hands during trading, an increase of 43% from the previous session’s volume of 23,623 shares. The stock last traded at $106.5070 and had previously closed at $106.88.

Vanguard S&P Mid-Cap 400 Value ETF Trading Up 0.9%

The stock has a market capitalization of $1.27 billion, a PE ratio of 15.67 and a beta of 0.97. The stock’s fifty day simple moving average is $113.36 and its 200-day simple moving average is $110.28.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC purchased a new stake in Vanguard S&P Mid-Cap 400 Value ETF in the 2nd quarter valued at about $25,000. Global Retirement Partners LLC bought a new position in shares of Vanguard S&P Mid-Cap 400 Value ETF during the 2nd quarter worth approximately $29,000. Kingsview Wealth Management LLC purchased a new position in shares of Vanguard S&P Mid-Cap 400 Value ETF in the 4th quarter worth approximately $200,000. Claris Financial LLC purchased a new position in shares of Vanguard S&P Mid-Cap 400 Value ETF in the 1st quarter worth approximately $204,000. Finally, Genesis Financial Group LLC purchased a new position in shares of Vanguard S&P Mid-Cap 400 Value ETF in the 1st quarter worth approximately $208,000.

About Vanguard S&P Mid-Cap 400 Value ETF

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.