Keystone Financial Group Invests $218,000 in Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV)

Keystone Financial Group bought a new stake in Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 2,499 shares of the company’s stock, valued at approximately $218,000.

A number of other institutional investors have also added to or reduced their stakes in IVOV. Wells Fargo & Company MN increased its holdings in Vanguard S&P Mid-Cap 400 Value ETF by 63.4% in the 4th quarter. Wells Fargo & Company MN now owns 119,146 shares of the company’s stock valued at $10,387,000 after buying an additional 46,239 shares during the period. UBS Group AG increased its stake in Vanguard S&P Mid-Cap 400 Value ETF by 2.2% in the fourth quarter. UBS Group AG now owns 108,631 shares of the company’s stock valued at $9,470,000 after acquiring an additional 2,387 shares during the period. Kingsview Wealth Management LLC acquired a new position in Vanguard S&P Mid-Cap 400 Value ETF in the fourth quarter worth about $237,000. Meridian Wealth Management LLC lifted its stake in Vanguard S&P Mid-Cap 400 Value ETF by 8.8% during the fourth quarter. Meridian Wealth Management LLC now owns 3,778 shares of the company’s stock worth $329,000 after purchasing an additional 307 shares during the period. Finally, Spectrum Investment Advisors Inc. acquired a new stake in Vanguard S&P Mid-Cap 400 Value ETF during the fourth quarter valued at approximately $630,000.

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

Shares of IVOV stock traded down $0.41 during trading hours on Wednesday, hitting $89.47. The company had a trading volume of 4,300 shares, compared to its average volume of 19,688. The firm has a market capitalization of $874.12 million, a price-to-earnings ratio of 6.72 and a beta of 1.07. Vanguard S&P Mid-Cap 400 Value ETF has a 12 month low of $71.72 and a 12 month high of $91.03. The firm’s fifty day moving average is $87.84 and its 200 day moving average is $85.41.

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.