Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) Sees Large Volume Increase – Time to Buy?

Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) shares saw unusually-strong trading volume on Tuesday . 115,410 shares changed hands during trading, an increase of 64% from the previous session’s volume of 70,322 shares.The stock last traded at $98.93 and had previously closed at $99.11.

Vanguard S&P Mid-Cap 400 ETF Stock Up 0.1 %

The firm has a 50-day moving average price of $106.72 and a two-hundred day moving average price of $107.05. The company has a market capitalization of $2.29 billion, a P/E ratio of 19.19 and a beta of 1.14.

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

Several hedge funds have recently made changes to their positions in IVOO. SpringVest Wealth Management LLC acquired a new stake in Vanguard S&P Mid-Cap 400 ETF during the fourth quarter worth $2,437,000. Menard Financial Group LLC bought a new position in shares of Vanguard S&P Mid-Cap 400 ETF during the 4th quarter worth about $51,000. Brooklyn FI LLC acquired a new stake in shares of Vanguard S&P Mid-Cap 400 ETF during the 4th quarter valued at about $2,431,000. Ameriflex Group Inc. bought a new stake in Vanguard S&P Mid-Cap 400 ETF in the fourth quarter valued at about $31,000. Finally, American Trust acquired a new position in Vanguard S&P Mid-Cap 400 ETF in the fourth quarter worth about $493,000.

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.