Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) Reaches New 12-Month High – Should You Buy?

Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) shares reached a new 52-week high on Friday . The stock traded as high as $106.05 and last traded at $105.73, with a volume of 1124 shares. The stock had previously closed at $105.19.

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

The stock has a fifty day simple moving average of $101.53 and a two-hundred day simple moving average of $99.95. The stock has a market capitalization of $1.17 billion, a price-to-earnings ratio of 15.67 and a beta of 1.06.

Institutional Investors Weigh In On Vanguard S&P Mid-Cap 400 Value ETF

Large investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its stake in Vanguard S&P Mid-Cap 400 Value ETF by 0.5% in the third quarter. JPMorgan Chase & Co. now owns 24,515 shares of the company’s stock valued at $2,470,000 after buying an additional 111 shares during the period. Lido Advisors LLC increased its stake in shares of Vanguard S&P Mid-Cap 400 Value ETF by 4.9% in the 3rd quarter. Lido Advisors LLC now owns 2,502 shares of the company’s stock valued at $252,000 after acquiring an additional 116 shares in the last quarter. Insight 2811 Inc. increased its stake in shares of Vanguard S&P Mid-Cap 400 Value ETF by 6.0% in the 3rd quarter. Insight 2811 Inc. now owns 2,898 shares of the company’s stock valued at $292,000 after acquiring an additional 165 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Vanguard S&P Mid-Cap 400 Value ETF by 100.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 448 shares of the company’s stock valued at $43,000 after acquiring an additional 224 shares during the period. Finally, MML Investors Services LLC boosted its stake in Vanguard S&P Mid-Cap 400 Value ETF by 2.8% during the second quarter. MML Investors Services LLC now owns 8,288 shares of the company’s stock worth $791,000 after acquiring an additional 228 shares in the last quarter.

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.