Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) Sees Unusually-High Trading Volume – Here’s Why

Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) saw an uptick in trading volume on Thursday . 29,547 shares traded hands during trading, a decline of 51% from the previous session’s volume of 59,876 shares.The stock last traded at $106.53 and had previously closed at $106.74.

Vanguard S&P Mid-Cap 400 ETF Price Performance

The firm has a market cap of $2.10 billion, a price-to-earnings ratio of 7.55 and a beta of 1.11. The business has a fifty day simple moving average of $109.63 and a 200 day simple moving average of $104.74.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in IVOO. International Assets Investment Management LLC grew its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 147,691.7% during the third quarter. International Assets Investment Management LLC now owns 768,517 shares of the company’s stock worth $81,178,000 after buying an additional 767,997 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Vanguard S&P Mid-Cap 400 ETF by 4.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 368,093 shares of the company’s stock valued at $36,481,000 after acquiring an additional 15,439 shares in the last quarter. LPL Financial LLC raised its holdings in Vanguard S&P Mid-Cap 400 ETF by 0.4% in the 2nd quarter. LPL Financial LLC now owns 313,602 shares of the company’s stock valued at $31,081,000 after acquiring an additional 1,290 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 2.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 259,203 shares of the company’s stock worth $25,690,000 after purchasing an additional 5,273 shares during the last quarter. Finally, Raymond James & Associates grew its position in shares of Vanguard S&P Mid-Cap 400 ETF by 7.5% in the third quarter. Raymond James & Associates now owns 192,080 shares of the company’s stock valued at $20,289,000 after purchasing an additional 13,456 shares in the last quarter.

Vanguard S&P Mid-Cap 400 ETF Company Profile

The Vanguard S&P Mid-Cap 400 ETF (IVOO) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund tracks a market cap-weighted index of mid-cap US companies. IVOO was launched on Sep 9, 2010 and is managed by Vanguard.