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) saw unusually-high trading volume on Thursday . Approximately 57,797 shares were traded during trading, an increase of 184% from the previous session’s volume of 20,319 shares.The stock last traded at $111.27 and had previously closed at $112.21.

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

The company has a market cap of $1.30 billion, a PE ratio of 15.67 and a beta of 0.97. The firm has a fifty day simple moving average of $114.48 and a 200 day simple moving average of $109.86.

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

Institutional investors have recently bought and sold shares of the stock. Mariner LLC increased its position in Vanguard S&P Mid-Cap 400 Value ETF by 0.9% during the fourth quarter. Mariner LLC now owns 868,738 shares of the company’s stock worth $87,751,000 after purchasing an additional 7,615 shares during the last quarter. Bank of America Corp DE raised its stake in Vanguard S&P Mid-Cap 400 Value ETF by 4.9% during the third quarter. Bank of America Corp DE now owns 260,556 shares of the company’s stock worth $26,256,000 after purchasing an additional 12,239 shares during the period. Raymond James Financial Inc. boosted its holdings in shares of Vanguard S&P Mid-Cap 400 Value ETF by 1.3% in the 3rd quarter. Raymond James Financial Inc. now owns 194,647 shares of the company’s stock valued at $19,615,000 after purchasing an additional 2,446 shares during the last quarter. Avior Wealth Management LLC boosted its holdings in shares of Vanguard S&P Mid-Cap 400 Value ETF by 1.7% in the 2nd quarter. Avior Wealth Management LLC now owns 161,287 shares of the company’s stock valued at $18,398,000 after purchasing an additional 2,753 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of Vanguard S&P Mid-Cap 400 Value ETF by 0.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 79,893 shares of the company’s stock valued at $8,070,000 after buying an additional 344 shares during the period.

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.