Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) Reaches New 52-Week High – What’s Next?

Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $110.89 and last traded at $110.47, with a volume of 1772 shares trading hands. The stock had previously closed at $110.00.

Vanguard S&P Mid-Cap 400 Value ETF Stock Up 0.1%

The stock has a market capitalization of $1.22 billion, a P/E ratio of 15.67 and a beta of 1.06. The firm’s 50-day simple moving average is $104.76 and its 200 day simple moving average is $101.48.

Hedge Funds Weigh In On Vanguard S&P Mid-Cap 400 Value ETF

A number of hedge funds have recently modified their holdings of the stock. Fortitude Family Office LLC acquired a new stake in shares of Vanguard S&P Mid-Cap 400 Value ETF during the third quarter worth $1,326,000. Flow Traders U.S. LLC purchased a new position in Vanguard S&P Mid-Cap 400 Value ETF in the 2nd quarter worth about $705,000. Envestnet Asset Management Inc. raised its holdings in Vanguard S&P Mid-Cap 400 Value ETF by 36.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 24,367 shares of the company’s stock worth $2,326,000 after buying an additional 6,527 shares during the period. Stordahl Capital Management Inc. lifted its stake in Vanguard S&P Mid-Cap 400 Value ETF by 0.3% during the second quarter. Stordahl Capital Management Inc. now owns 168,972 shares of the company’s stock valued at $16,132,000 after buying an additional 525 shares in the last quarter. Finally, Spectrum Investment Advisors Inc. boosted its holdings in shares of Vanguard S&P Mid-Cap 400 Value ETF by 10.2% in the second quarter. Spectrum Investment Advisors Inc. now owns 10,101 shares of the company’s stock worth $964,000 after buying an additional 938 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.