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

Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) shares saw unusually-high trading volume on Thursday . Approximately 159,302 shares changed hands during mid-day trading, an increase of 361% from the previous session’s volume of 34,593 shares.The stock last traded at $108.74 and had previously closed at $109.62.

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

The company has a 50 day moving average of $105.70 and a 200-day moving average of $102.10. The stock has a market cap of $1.22 billion, a price-to-earnings ratio of 15.67 and a beta of 1.06.

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

Several institutional investors and hedge funds have recently bought and sold shares of the business. Smartleaf Asset Management LLC purchased a new position in Vanguard S&P Mid-Cap 400 Value ETF during the fourth quarter worth about $34,000. Assetmark Inc. raised its position in Vanguard S&P Mid-Cap 400 Value ETF by 65.6% in the fourth quarter. Assetmark Inc. now owns 346 shares of the company’s stock worth $35,000 after acquiring an additional 137 shares in the last quarter. Sound Income Strategies LLC purchased a new stake in shares of Vanguard S&P Mid-Cap 400 Value ETF during the 4th quarter worth $37,000. Geneos Wealth Management Inc. grew its stake 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 worth $43,000 after purchasing an additional 224 shares during the period. Finally, Flagship Harbor Advisors LLC purchased a new position in shares of Vanguard S&P Mid-Cap 400 Value ETF in the 4th quarter valued at about $112,000.

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.