Vanguard S&P Mid-Cap 400 Growth ETF (NYSEARCA:IVOG) Sees Unusually-High Trading Volume – Still a Buy?

Shares of Vanguard S&P Mid-Cap 400 Growth ETF (NYSEARCA:IVOG) saw strong trading volume on Thursday . 24,214 shares were traded during trading, a decline of 10% from the previous session’s volume of 26,987 shares.The stock last traded at $114.53 and had previously closed at $114.65.

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

The company has a fifty day simple moving average of $118.22 and a two-hundred day simple moving average of $113.93. The firm has a market capitalization of $1.03 billion, a PE ratio of 9.25 and a beta of 1.07.

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

Large investors have recently modified their holdings of the business. JPMorgan Chase & Co. increased its holdings in shares of Vanguard S&P Mid-Cap 400 Growth ETF by 1.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 35,318 shares of the company’s stock valued at $4,049,000 after acquiring an additional 394 shares during the period. Wealthquest Corp bought a new stake in Vanguard S&P Mid-Cap 400 Growth ETF during the third quarter valued at about $201,000. MML Investors Services LLC grew its stake in Vanguard S&P Mid-Cap 400 Growth ETF by 3.9% in the third quarter. MML Investors Services LLC now owns 9,098 shares of the company’s stock valued at $1,043,000 after purchasing an additional 340 shares during the last quarter. Kiely Wealth Advisory Group Inc. raised its holdings in Vanguard S&P Mid-Cap 400 Growth ETF by 12.5% in the third quarter. Kiely Wealth Advisory Group Inc. now owns 1,785 shares of the company’s stock worth $215,000 after purchasing an additional 199 shares in the last quarter. Finally, Captrust Financial Advisors lifted its position in shares of Vanguard S&P Mid-Cap 400 Growth ETF by 72.8% during the third quarter. Captrust Financial Advisors now owns 3,360 shares of the company’s stock valued at $385,000 after buying an additional 1,416 shares during the last quarter.

About Vanguard S&P Mid-Cap 400 Growth ETF

The Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) is an exchange-traded fund that is based on the S&P Mid Cap 400 Growth index, a market-cap-weighted index of growth companies curated from the S&P 400. IVOG was launched on Sep 9, 2010 and is managed by Vanguard.