Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) Sees Large Volume Increase – Here’s Why

Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) shares saw unusually-high trading volume on Friday . 12,227 shares traded hands during trading, a decline of 43% from the previous session’s volume of 21,285 shares.The stock last traded at $117.42 and had previously closed at $116.90.

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

The firm has a 50-day simple moving average of $113.64 and a two-hundred day simple moving average of $108.98. The company has a market cap of $1.38 billion, a PE ratio of 15.67 and a beta of 0.97.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC acquired a new position in Vanguard S&P Mid-Cap 400 Value ETF in the 1st quarter valued at about $249,000. JPMorgan Chase & Co. boosted its stake in shares of Vanguard S&P Mid-Cap 400 Value ETF by 2.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 24,404 shares of the company’s stock worth $2,330,000 after purchasing an additional 590 shares during the last quarter. MML Investors Services LLC boosted its stake in shares of Vanguard S&P Mid-Cap 400 Value ETF by 2.8% during the 2nd quarter. MML Investors Services LLC now owns 8,288 shares of the company’s stock worth $791,000 after purchasing an additional 228 shares during the last quarter. Corient Private Wealth LLC grew its holdings in shares of Vanguard S&P Mid-Cap 400 Value ETF by 70.6% during the second quarter. Corient Private Wealth LLC now owns 5,656 shares of the company’s stock worth $540,000 after buying an additional 2,341 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its holdings in shares of Vanguard S&P Mid-Cap 400 Value ETF by 57.8% during the second quarter. Tower Research Capital LLC TRC now owns 6,015 shares of the company’s stock worth $574,000 after buying an additional 2,203 shares in the last quarter.

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.