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

Vanguard S&P Mid-Cap 400 Growth ETF (NYSEARCA:IVOG) saw unusually-high trading volume on Thursday . Approximately 24,214 shares changed hands during mid-day 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 Up 0.2 %

The firm’s fifty day moving average is $118.33 and its 200-day moving average is $113.89. The stock has a market capitalization of $1.04 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

A number of institutional investors have recently bought and sold shares of the business. Bristlecone Advisors LLC acquired a new stake in shares of Vanguard S&P Mid-Cap 400 Growth ETF during the 3rd quarter valued at about $25,000. Northwest Investment Counselors LLC acquired a new stake in Vanguard S&P Mid-Cap 400 Growth ETF during the 3rd quarter worth $35,000. International Assets Investment Management LLC acquired a new stake in shares of Vanguard S&P Mid-Cap 400 Growth ETF in the second quarter valued at approximately $151,000. Kiely Wealth Advisory Group Inc. increased its holdings in Vanguard S&P Mid-Cap 400 Growth ETF by 61.0% during the second quarter. Kiely Wealth Advisory Group Inc. now owns 1,586 shares of the company’s stock worth $171,000 after buying an additional 601 shares during the last quarter. Finally, BCGM Wealth Management LLC bought a new position in shares of Vanguard S&P Mid-Cap 400 Growth ETF in the third quarter valued at about $201,000.

Vanguard S&P Mid-Cap 400 Growth ETF Company Profile

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.