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

Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) saw unusually-high trading volume on Wednesday . Approximately 87,897 shares traded hands during trading, an increase of 246% from the previous session’s volume of 25,392 shares.The stock last traded at $103.02 and had previously closed at $102.28.

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

The company has a market capitalization of $1.12 billion, a PE ratio of 15.67 and a beta of 1.06. The business has a 50-day moving average of $100.30 and a 200 day moving average of $98.45.

Institutional Trading of Vanguard S&P Mid-Cap 400 Value ETF

Institutional investors have recently added to or reduced their stakes in the company. Rockland Trust Co. increased its holdings in Vanguard S&P Mid-Cap 400 Value ETF by 1.5% during the second quarter. Rockland Trust Co. now owns 812,321 shares of the company’s stock valued at $77,552,000 after buying an additional 11,696 shares during the period. Jones Financial Companies Lllp increased its holdings in shares of Vanguard S&P Mid-Cap 400 Value ETF by 18,756.6% in the 1st quarter. Jones Financial Companies Lllp now owns 449,352 shares of the company’s stock valued at $41,358,000 after acquiring an additional 446,969 shares during the period. Bank of America Corp DE raised its position in shares of Vanguard S&P Mid-Cap 400 Value ETF by 4.9% in the 3rd quarter. Bank of America Corp DE now owns 260,556 shares of the company’s stock worth $26,256,000 after acquiring an additional 12,239 shares in the last quarter. Raymond James Financial Inc. lifted its stake in shares of Vanguard S&P Mid-Cap 400 Value ETF by 1.3% during the 3rd quarter. Raymond James Financial Inc. now owns 194,647 shares of the company’s stock worth $19,615,000 after purchasing an additional 2,446 shares during the last quarter. Finally, Octavia Wealth Advisors LLC lifted its stake in shares of Vanguard S&P Mid-Cap 400 Value ETF by 3.4% during the 3rd quarter. Octavia Wealth Advisors LLC now owns 175,614 shares of the company’s stock worth $17,697,000 after purchasing an additional 5,826 shares during the last quarter.

About Vanguard S&P Mid-Cap 400 Value ETF

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.