Archer Investment Corp Invests $69,000 in Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV)

Archer Investment Corp acquired a new position in shares of Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 722 shares of the company’s stock, valued at approximately $69,000.

Several other institutional investors have also modified their holdings of IVOV. OFC Financial Planning LLC acquired a new position in Vanguard S&P Mid-Cap 400 Value ETF in the 4th quarter valued at about $594,000. Pinnacle Bancorp Inc. raised its stake in shares of Vanguard S&P Mid-Cap 400 Value ETF by 803.1% during the fourth quarter. Pinnacle Bancorp Inc. now owns 578 shares of the company’s stock worth $55,000 after purchasing an additional 514 shares during the last quarter. Christopher J. Hasenberg Inc raised its stake in shares of Vanguard S&P Mid-Cap 400 Value ETF by 203,177.3% during the fourth quarter. Christopher J. Hasenberg Inc now owns 44,721 shares of the company’s stock worth $4,273,000 after purchasing an additional 44,699 shares during the last quarter. Eastern Bank lifted its holdings in shares of Vanguard S&P Mid-Cap 400 Value ETF by 109.4% during the fourth quarter. Eastern Bank now owns 1,340 shares of the company’s stock worth $128,000 after purchasing an additional 700 shares during the period. Finally, Cooper Financial Group lifted its holdings in shares of Vanguard S&P Mid-Cap 400 Value ETF by 4.3% during the fourth quarter. Cooper Financial Group now owns 2,776 shares of the company’s stock worth $265,000 after purchasing an additional 114 shares during the period.

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

Shares of NYSEARCA IVOV opened at $99.31 on Friday. The stock has a fifty day moving average price of $98.72 and a 200 day moving average price of $96.44. Vanguard S&P Mid-Cap 400 Value ETF has a 1-year low of $83.15 and a 1-year high of $105.65. The company has a market cap of $970.26 million, a PE ratio of 6.72 and a beta of 1.07.

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.