Vanguard S&P Small-Cap 600 Value ETF (NYSEARCA:VIOV) Sees Large Volume Increase – Here’s Why

Shares of Vanguard S&P Small-Cap 600 Value ETF (NYSEARCA:VIOV) saw strong trading volume on Friday. 95,103 shares were traded during mid-day trading, an increase of 82% from the previous session’s volume of 52,158 shares. The stock last traded at $111.9790 and had previously closed at $111.37.

Vanguard S&P Small-Cap 600 Value ETF Stock Performance

The firm has a market capitalization of $1.75 billion, a P/E ratio of 13.90 and a beta of 1.02. The company has a 50-day simple moving average of $115.22 and a two-hundred day simple moving average of $113.35.

Hedge Funds Weigh In On Vanguard S&P Small-Cap 600 Value ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Highland Investment Advisors LLC purchased a new stake in Vanguard S&P Small-Cap 600 Value ETF in the second quarter worth approximately $31,000. Western Wealth Management LLC purchased a new stake in Vanguard S&P Small-Cap 600 Value ETF in the 1st quarter worth $39,000. Portus Wealth Advisors LLC purchased a new position in shares of Vanguard S&P Small-Cap 600 Value ETF in the first quarter worth $42,000. Asset Dedication LLC grew its position in shares of Vanguard S&P Small-Cap 600 Value ETF by 79.5% during the first quarter. Asset Dedication LLC now owns 1,048 shares of the company’s stock valued at $107,000 after purchasing an additional 464 shares in the last quarter. Finally, Continuum Advisory LLC bought a new stake in Vanguard S&P Small-Cap 600 Value ETF in the 2nd quarter worth approximately $143,000.

About Vanguard S&P Small-Cap 600 Value ETF

The Vanguard S&P Small-Cap 600 Value ETF (VIOV) is an exchange-traded fund that is based on the S&P Small Cap 600 Value index. The fund tracks a market cap-weighted index of small-cap value companies selected from the S&P 600. VIOV was launched on Sep 7, 2010 and is managed by Vanguard.