Spectrum Investment Advisors Inc. Increases Holdings in Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV)

Spectrum Investment Advisors Inc. boosted its position in Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) by 4.4% during the third quarter, Holdings Channel.com reports. The institutional investor owned 8,257 shares of the company’s stock after purchasing an additional 347 shares during the period. Vanguard S&P Mid-Cap 400 Value ETF accounts for approximately 0.5% of Spectrum Investment Advisors Inc.’s portfolio, making the stock its 16th biggest position. Spectrum Investment Advisors Inc.’s holdings in Vanguard S&P Mid-Cap 400 Value ETF were worth $790,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. lifted its stake in Vanguard S&P Mid-Cap 400 Value ETF by 38.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 105,556 shares of the company’s stock valued at $9,244,000 after acquiring an additional 29,316 shares during the period. &PARTNERS purchased a new position in shares of Vanguard S&P Mid-Cap 400 Value ETF during the second quarter worth $1,790,000. Octavia Wealth Advisors LLC lifted its position in Vanguard S&P Mid-Cap 400 Value ETF by 5.8% during the third quarter. Octavia Wealth Advisors LLC now owns 177,407 shares of the company’s stock valued at $16,983,000 after purchasing an additional 9,725 shares during the period. Atlas Brown Inc. acquired a new position in Vanguard S&P Mid-Cap 400 Value ETF during the second quarter valued at $657,000. Finally, Stordahl Capital Management Inc. boosted its holdings in Vanguard S&P Mid-Cap 400 Value ETF by 3.5% in the second quarter. Stordahl Capital Management Inc. now owns 171,203 shares of the company’s stock valued at $14,992,000 after purchasing an additional 5,717 shares during the last quarter.

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

NYSEARCA IVOV opened at $99.62 on Friday. The firm has a market capitalization of $973.29 million, a P/E ratio of 6.72 and a beta of 1.07. The stock has a 50-day simple moving average of $96.31 and a two-hundred day simple moving average of $91.90. Vanguard S&P Mid-Cap 400 Value ETF has a fifty-two week low of $78.50 and a fifty-two week high of $103.21.

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.