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

Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) shares saw an uptick in trading volume on Tuesday . 77,776 shares changed hands during mid-day trading, an increase of 239% from the previous session’s volume of 22,976 shares.The stock last traded at $90.76 and had previously closed at $91.90.

Vanguard S&P Mid-Cap 400 Value ETF Stock Performance

The company’s 50 day moving average is $96.96 and its 200 day moving average is $97.25. The stock has a market capitalization of $867.44 million, a price-to-earnings ratio of 17.21 and a beta of 1.17.

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

Institutional investors have recently made changes to their positions in the business. IHT Wealth Management LLC boosted its stake in Vanguard S&P Mid-Cap 400 Value ETF by 2.7% in the 4th quarter. IHT Wealth Management LLC now owns 3,941 shares of the company’s stock valued at $377,000 after buying an additional 103 shares in the last quarter. Cooper Financial Group lifted its holdings in shares of Vanguard S&P Mid-Cap 400 Value ETF by 4.3% during the fourth quarter. Cooper Financial Group now owns 2,776 shares of the company’s stock valued at $265,000 after acquiring an additional 114 shares during the period. Mosaic Family Wealth Partners LLC boosted its stake in shares of Vanguard S&P Mid-Cap 400 Value ETF by 2.8% in the 4th quarter. Mosaic Family Wealth Partners LLC now owns 5,554 shares of the company’s stock valued at $531,000 after purchasing an additional 150 shares in the last quarter. Spectrum Investment Advisors Inc. grew its holdings in shares of Vanguard S&P Mid-Cap 400 Value ETF by 4.4% in the 3rd quarter. Spectrum Investment Advisors Inc. now owns 8,257 shares of the company’s stock worth $790,000 after purchasing an additional 347 shares during the last quarter. Finally, Ameriflex Group Inc. acquired a new stake in shares of Vanguard S&P Mid-Cap 400 Value ETF during the 4th quarter worth about $38,000.

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.