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) saw unusually-high trading volume on Wednesday . Approximately 32,484 shares changed hands during trading, an increase of 77% from the previous session’s volume of 18,324 shares.The stock last traded at $95.45 and had previously closed at $96.00.

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

The company has a market cap of $934.31 million, a price-to-earnings ratio of 6.72 and a beta of 1.07. The stock’s fifty day simple moving average is $99.72 and its two-hundred day simple moving average is $95.01.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. PFG Advisors grew its stake in shares of Vanguard S&P Mid-Cap 400 Value ETF by 9.4% in the second quarter. PFG Advisors now owns 13,692 shares of the company’s stock valued at $1,199,000 after buying an additional 1,175 shares in the last quarter. Citizens Financial Group Inc. RI acquired a new stake in Vanguard S&P Mid-Cap 400 Value ETF in the second quarter valued at approximately $264,000. Thrivent Financial for Lutherans raised its stake in shares of Vanguard S&P Mid-Cap 400 Value ETF by 0.7% during the second quarter. Thrivent Financial for Lutherans now owns 18,719 shares of the company’s stock valued at $1,639,000 after purchasing an additional 125 shares during the period. Gateway Advisory LLC lifted its position in shares of Vanguard S&P Mid-Cap 400 Value ETF by 3.8% during the second quarter. Gateway Advisory LLC now owns 37,389 shares of the company’s stock worth $3,274,000 after purchasing an additional 1,380 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of Vanguard S&P Mid-Cap 400 Value ETF by 38.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 105,556 shares of the company’s stock valued at $9,244,000 after purchasing an additional 29,316 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.