Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) Sees Strong Trading Volume – Still a Buy?

Shares of Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) saw strong trading volume on Thursday . 46,106 shares changed hands during mid-day trading, an increase of 178% from the previous session’s volume of 16,596 shares.The stock last traded at $96.17 and had previously closed at $96.23.

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

The company has a market capitalization of $943.39 million, a price-to-earnings ratio of 6.72 and a beta of 1.07. The company’s 50-day moving average price is $99.95 and its two-hundred day moving average price is $94.40.

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

Several large investors have recently modified their holdings of the business. FMR LLC raised its position in Vanguard S&P Mid-Cap 400 Value ETF by 52.4% during the third quarter. FMR LLC now owns 1,379 shares of the company’s stock valued at $132,000 after purchasing an additional 474 shares in the last quarter. HighTower Advisors LLC bought a new stake in shares of Vanguard S&P Mid-Cap 400 Value ETF in the 3rd quarter worth approximately $329,000. Newbridge Financial Services Group Inc. purchased a new stake in shares of Vanguard S&P Mid-Cap 400 Value ETF in the 2nd quarter valued at $39,000. Cetera Investment Advisers grew its holdings in shares of Vanguard S&P Mid-Cap 400 Value ETF by 8.7% during the 2nd quarter. Cetera Investment Advisers now owns 14,886 shares of the company’s stock valued at $1,304,000 after purchasing an additional 1,191 shares during the last quarter. Finally, Octavia Wealth Advisors LLC raised its position in Vanguard S&P Mid-Cap 400 Value ETF by 5.8% in the 3rd quarter. Octavia Wealth Advisors LLC now owns 177,407 shares of the company’s stock worth $16,983,000 after purchasing an additional 9,725 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.