Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) Sees Strong Trading Volume

Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) shares saw unusually-strong trading volume on Tuesday . 12,530 shares changed hands during mid-day trading, a decline of 31% from the previous session’s volume of 18,275 shares.The stock last traded at $87.39 and had previously closed at $87.18.

Vanguard S&P Mid-Cap 400 Value ETF Trading Up 1.7 %

The stock has a market capitalization of $866.11 million, a P/E ratio of 6.72 and a beta of 1.07. The business has a 50-day moving average price of $88.87 and a two-hundred day moving average price of $87.65.

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

Several institutional investors and hedge funds have recently bought and sold shares of the company. Mather Group LLC. acquired a new position in shares of Vanguard S&P Mid-Cap 400 Value ETF in the 1st quarter valued at approximately $25,000. Bruce G. Allen Investments LLC bought a new position in Vanguard S&P Mid-Cap 400 Value ETF in the first quarter valued at approximately $63,000. Salomon & Ludwin LLC acquired a new position in Vanguard S&P Mid-Cap 400 Value ETF during the first quarter valued at approximately $104,000. PNC Financial Services Group Inc. lifted its stake in Vanguard S&P Mid-Cap 400 Value ETF by 10.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,356 shares of the company’s stock worth $205,000 after purchasing an additional 223 shares during the last quarter. Finally, Cerity Partners LLC acquired a new stake in shares of Vanguard S&P Mid-Cap 400 Value ETF in the 4th quarter valued at $206,000.

Vanguard S&P Mid-Cap 400 Value ETF Company Profile

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.