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) shares saw unusually-strong trading volume on Wednesday . Approximately 32,484 shares were traded during trading, an increase of 77% from the previous session’s volume of 18,324 shares.The stock last traded at $95.45 and had previously closed at $96.00.

Vanguard S&P Mid-Cap 400 Value ETF Trading Down 1.5 %

The firm has a 50-day moving average of $99.70 and a 200 day moving average of $95.02. The company has a market cap of $923.95 million, a P/E ratio of 6.72 and a beta of 1.07.

Institutional Investors Weigh In On Vanguard S&P Mid-Cap 400 Value ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Capital Performance Advisors LLP purchased a new stake in shares of Vanguard S&P Mid-Cap 400 Value ETF in the third quarter worth $33,000. Newbridge Financial Services Group Inc. purchased a new position in shares of Vanguard S&P Mid-Cap 400 Value ETF in the second quarter valued at about $39,000. Aptus Capital Advisors LLC bought a new stake in shares of Vanguard S&P Mid-Cap 400 Value ETF in the 3rd quarter worth approximately $57,000. Eastern Bank bought a new stake in Vanguard S&P Mid-Cap 400 Value ETF during the 3rd quarter valued at approximately $61,000. Finally, Teachers Insurance & Annuity Association of America purchased a new stake in shares of Vanguard S&P Mid-Cap 400 Value ETF in the 3rd quarter worth about $79,000.

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.