Vanguard S&P Mid-Cap 400 Growth ETF (NYSEARCA:IVOG) Sees Unusually-High Trading Volume

Vanguard S&P Mid-Cap 400 Growth ETF (NYSEARCA:IVOG) saw strong trading volume on Tuesday . 9,876 shares changed hands during trading, a decline of 65% from the previous session’s volume of 28,327 shares.The stock last traded at $105.54 and had previously closed at $105.49.

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

The firm has a market capitalization of $975.92 million, a PE ratio of 9.25 and a beta of 1.07. The company’s fifty day simple moving average is $110.48 and its 200-day simple moving average is $108.46.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in IVOG. Salomon & Ludwin LLC purchased a new position in shares of Vanguard S&P Mid-Cap 400 Growth ETF in the first quarter worth about $29,000. SOA Wealth Advisors LLC. lifted its stake in shares of Vanguard S&P Mid-Cap 400 Growth ETF by 2,800.0% in the first quarter. SOA Wealth Advisors LLC. now owns 348 shares of the company’s stock worth $39,000 after buying an additional 336 shares in the last quarter. Lynx Investment Advisory purchased a new position in shares of Vanguard S&P Mid-Cap 400 Growth ETF in the second quarter worth about $44,000. Mather Group LLC. purchased a new position in Vanguard S&P Mid-Cap 400 Growth ETF during the first quarter worth about $72,000. Finally, International Assets Investment Management LLC purchased a new position in Vanguard S&P Mid-Cap 400 Growth ETF during the second quarter worth about $151,000.

About Vanguard S&P Mid-Cap 400 Growth ETF

The Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) is an exchange-traded fund that is based on the S&P Mid Cap 400 Growth index, a market-cap-weighted index of growth companies curated from the S&P 400. IVOG was launched on Sep 9, 2010 and is managed by Vanguard.