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

Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) reached a new 52-week high on Thursday . The company traded as high as $114.45 and last traded at $114.45, with a volume of 472 shares trading hands. The stock had previously closed at $114.07.

Vanguard S&P Mid-Cap 400 Value ETF Stock Up 0.2%

The firm has a market capitalization of $1.33 billion, a P/E ratio of 15.67 and a beta of 0.97. The firm has a 50 day moving average of $110.03 and a 200-day moving average of $106.73.

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

A number of institutional investors have recently modified their holdings of the stock. Western Wealth Management LLC grew its holdings in shares of Vanguard S&P Mid-Cap 400 Value ETF by 25.6% during the 1st quarter. Western Wealth Management LLC now owns 3,061 shares of the company’s stock worth $312,000 after purchasing an additional 624 shares in the last quarter. Genesis Financial Group LLC acquired a new position in Vanguard S&P Mid-Cap 400 Value ETF in the first quarter valued at about $208,000. Claris Financial LLC acquired a new position in Vanguard S&P Mid-Cap 400 Value ETF in the first quarter valued at about $204,000. Cetera Investment Advisers lifted its position in Vanguard S&P Mid-Cap 400 Value ETF by 2.9% during the first quarter. Cetera Investment Advisers now owns 15,786 shares of the company’s stock worth $1,609,000 after purchasing an additional 442 shares during the period. Finally, D.A. Davidson & CO. lifted its position in Vanguard S&P Mid-Cap 400 Value ETF by 9.2% during the first quarter. D.A. Davidson & CO. now owns 8,349 shares of the company’s stock worth $851,000 after purchasing an additional 700 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.