Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) Sets New 12-Month High – Here’s Why

Shares of Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) reached a new 52-week high on Tuesday . The stock traded as high as $111.67 and last traded at $111.46, with a volume of 698 shares traded. The stock had previously closed at $109.37.

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

The company’s 50-day moving average is $107.38 and its two-hundred day moving average is $105.41. The company has a market capitalization of $1.28 billion, a P/E ratio of 15.67 and a beta of 0.98.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Smartleaf Asset Management LLC bought a new position in shares of Vanguard S&P Mid-Cap 400 Value ETF in the fourth quarter worth approximately $34,000. Assetmark Inc. increased its position in shares of Vanguard S&P Mid-Cap 400 Value ETF by 65.6% in the fourth quarter. Assetmark Inc. now owns 346 shares of the company’s stock worth $35,000 after purchasing an additional 137 shares during the last quarter. Sound Income Strategies LLC purchased a new stake in Vanguard S&P Mid-Cap 400 Value ETF in the fourth quarter worth approximately $37,000. Geneos Wealth Management Inc. boosted its stake in Vanguard S&P Mid-Cap 400 Value ETF by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 448 shares of the company’s stock worth $43,000 after buying an additional 224 shares in the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new stake in Vanguard S&P Mid-Cap 400 Value ETF in the fourth quarter worth approximately $112,000.

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.