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

Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) shares saw unusually-high trading volume on Thursday . Approximately 46,106 shares changed hands during trading, an increase of 178% from the previous session’s volume of 16,596 shares.The stock last traded at $96.17 and had previously closed at $96.23.

Vanguard S&P Mid-Cap 400 Value ETF Trading Down 0.8 %

The firm has a market cap of $935.48 million, a P/E ratio of 6.72 and a beta of 1.07. The business’s fifty day moving average price is $99.91 and its two-hundred day moving average price is $94.42.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Thrivent Financial for Lutherans lifted its position in Vanguard S&P Mid-Cap 400 Value ETF by 0.7% during the 2nd quarter. Thrivent Financial for Lutherans now owns 18,719 shares of the company’s stock worth $1,639,000 after acquiring an additional 125 shares during the last quarter. Truist Financial Corp grew its holdings in Vanguard S&P Mid-Cap 400 Value ETF by 0.6% in the 2nd quarter. Truist Financial Corp now owns 24,529 shares of the company’s stock valued at $2,148,000 after buying an additional 145 shares during the last quarter. Capital Performance Advisors LLP bought a new position in Vanguard S&P Mid-Cap 400 Value ETF in the 3rd quarter worth approximately $33,000. Spectrum Investment Advisors Inc. lifted its holdings in shares of Vanguard S&P Mid-Cap 400 Value ETF by 4.4% during the third quarter. Spectrum Investment Advisors Inc. now owns 8,257 shares of the company’s stock worth $790,000 after buying an additional 347 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. bought a new stake in shares of Vanguard S&P Mid-Cap 400 Value ETF in the second quarter valued at approximately $39,000.

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.