Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) Hits New 52-Week High – Here’s Why

Shares of Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOVGet Free Report) reached a new 52-week high on Tuesday . The company traded as high as $115.95 and last traded at $115.95, with a volume of 2335 shares. The stock had previously closed at $115.36.

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

The firm has a market cap of $1.36 billion, a price-to-earnings ratio of 15.67 and a beta of 0.97. The stock has a 50-day moving average price of $112.89 and a 200 day moving average price of $108.56.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in IVOV. Avior Wealth Management LLC increased its position in Vanguard S&P Mid-Cap 400 Value ETF by 1.7% during the 2nd quarter. Avior Wealth Management LLC now owns 161,287 shares of the company’s stock worth $18,398,000 after purchasing an additional 2,753 shares during the period. Western Wealth Management LLC grew its stake in shares of Vanguard S&P Mid-Cap 400 Value ETF by 25.6% during the 1st quarter. Western Wealth Management LLC now owns 3,061 shares of the company’s stock worth $312,000 after purchasing an additional 624 shares during the period. Genesis Financial Group LLC purchased a new position in shares of Vanguard S&P Mid-Cap 400 Value ETF in the 1st quarter valued at about $208,000. Claris Financial LLC purchased a new stake in Vanguard S&P Mid-Cap 400 Value ETF during the first quarter worth about $204,000. Finally, Cetera Investment Advisers increased its holdings in Vanguard S&P Mid-Cap 400 Value ETF by 2.9% in the first quarter. Cetera Investment Advisers now owns 15,786 shares of the company’s stock valued at $1,609,000 after buying an additional 442 shares in the last quarter.

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.

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