Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) Stock Price Down 3.1% – What’s Next?

Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV)’s share price was down 3.1% during trading on Thursday. The stock traded as low as $111.20 and last traded at $111.54. Approximately 35,927 shares traded hands during trading, an increase of 59% from the average daily volume of 22,568 shares. The stock had previously closed at $115.13.

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

The stock has a market cap of $1.24 billion, a PE ratio of 16.33 and a beta of 0.98. The stock has a fifty day simple moving average of $110.90 and a two-hundred day simple moving average of $109.73.

Hedge Funds Weigh In On Vanguard S&P Mid-Cap 400 Value ETF

Institutional investors have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC acquired a new stake in shares of Vanguard S&P Mid-Cap 400 Value ETF during the second quarter valued at about $25,000. Global Retirement Partners LLC acquired a new position in shares of Vanguard S&P Mid-Cap 400 Value ETF in the second quarter worth about $29,000. IFP Advisors Inc purchased a new position in Vanguard S&P Mid-Cap 400 Value ETF in the third quarter valued at about $53,000. Asset Dedication LLC boosted its holdings in Vanguard S&P Mid-Cap 400 Value ETF by 139.6% in the third quarter. Asset Dedication LLC now owns 1,687 shares of the company’s stock valued at $180,000 after purchasing an additional 983 shares during the last quarter. Finally, Claris Financial LLC purchased a new position in Vanguard S&P Mid-Cap 400 Value ETF in the first quarter valued at about $204,000.

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.