Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) Sees Strong Trading Volume – Should You Buy?

Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) shares saw unusually-strong trading volume on Tuesday . 77,776 shares changed hands during trading, an increase of 239% from the previous session’s volume of 22,976 shares.The stock last traded at $90.76 and had previously closed at $91.90.

Vanguard S&P Mid-Cap 400 Value ETF Stock Down 0.7 %

The firm has a 50-day moving average price of $97.21 and a two-hundred day moving average price of $97.31. The company has a market capitalization of $880.76 million, a P/E ratio of 17.21 and a beta of 1.17.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. FMR LLC raised its stake in shares of Vanguard S&P Mid-Cap 400 Value ETF by 52.4% in the 3rd quarter. FMR LLC now owns 1,379 shares of the company’s stock valued at $132,000 after buying an additional 474 shares in the last quarter. HighTower Advisors LLC acquired a new position in Vanguard S&P Mid-Cap 400 Value ETF in the third quarter worth about $329,000. JPMorgan Chase & Co. lifted its stake in Vanguard S&P Mid-Cap 400 Value ETF by 41.3% during the third quarter. JPMorgan Chase & Co. now owns 22,852 shares of the company’s stock worth $2,188,000 after purchasing an additional 6,679 shares during the period. Global Retirement Partners LLC boosted its holdings in Vanguard S&P Mid-Cap 400 Value ETF by 244.2% during the fourth quarter. Global Retirement Partners LLC now owns 888 shares of the company’s stock valued at $85,000 after purchasing an additional 630 shares in the last quarter. Finally, Cooper Financial Group grew its stake in shares of Vanguard S&P Mid-Cap 400 Value ETF by 4.3% in the 4th quarter. Cooper Financial Group now owns 2,776 shares of the company’s stock valued at $265,000 after purchasing an additional 114 shares during the period.

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.