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 Thursday . Approximately 159,302 shares changed hands during trading, an increase of 361% from the previous session’s volume of 34,593 shares.The stock last traded at $108.74 and had previously closed at $109.62.

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

The firm has a market cap of $1.21 billion, a P/E ratio of 15.67 and a beta of 1.06. The stock’s 50-day simple moving average is $105.52 and its two-hundred day simple moving average is $101.96.

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

Several large investors have recently modified their holdings of the business. Smartleaf Asset Management LLC acquired a new stake in shares of Vanguard S&P Mid-Cap 400 Value ETF in the fourth quarter valued at $34,000. Assetmark Inc. raised its position in Vanguard S&P Mid-Cap 400 Value ETF by 65.6% in the 4th quarter. Assetmark Inc. now owns 346 shares of the company’s stock valued at $35,000 after purchasing an additional 137 shares in the last quarter. Sound Income Strategies LLC purchased a new position in shares of Vanguard S&P Mid-Cap 400 Value ETF in the 4th quarter valued at about $37,000. Geneos Wealth Management Inc. grew its position in shares of Vanguard S&P Mid-Cap 400 Value ETF by 100.0% during the second quarter. Geneos Wealth Management Inc. now owns 448 shares of the company’s stock worth $43,000 after buying an additional 224 shares in the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new stake in shares of Vanguard S&P Mid-Cap 400 Value ETF during the fourth quarter worth approximately $112,000.

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.