Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) Sees Large Volume Increase – Still a Buy?

Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) shares saw unusually-high trading volume on Wednesday . Approximately 32,484 shares changed hands during mid-day trading, an increase of 77% from the previous session’s volume of 18,324 shares.The stock last traded at $95.45 and had previously closed at $96.00.

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

The business has a fifty day moving average of $99.72 and a 200 day moving average of $95.01. The stock has a market cap of $934.31 million, a PE ratio of 6.72 and a beta of 1.07.

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

Several institutional investors have recently added to or reduced their stakes in the stock. Rockland Trust Co. raised its stake in shares of Vanguard S&P Mid-Cap 400 Value ETF by 0.6% in the 3rd quarter. Rockland Trust Co. now owns 804,681 shares of the company’s stock valued at $77,032,000 after purchasing an additional 4,877 shares in the last quarter. Octavia Wealth Advisors LLC raised its position in shares of Vanguard S&P Mid-Cap 400 Value ETF by 5.8% during the 3rd quarter. Octavia Wealth Advisors LLC now owns 177,407 shares of the company’s stock valued at $16,983,000 after acquiring an additional 9,725 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Vanguard S&P Mid-Cap 400 Value ETF by 38.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 105,556 shares of the company’s stock worth $9,244,000 after buying an additional 29,316 shares during the last quarter. Gateway Advisory LLC lifted its holdings in Vanguard S&P Mid-Cap 400 Value ETF by 3.8% in the second quarter. Gateway Advisory LLC now owns 37,389 shares of the company’s stock worth $3,274,000 after acquiring an additional 1,380 shares during the last quarter. Finally, EP Wealth Advisors LLC boosted its stake in Vanguard S&P Mid-Cap 400 Value ETF by 513.8% in the third quarter. EP Wealth Advisors LLC now owns 29,511 shares of the company’s stock valued at $2,825,000 after acquiring an additional 24,703 shares during the period.

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.