Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) Sees Unusually-High Trading Volume – Here’s Why

Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) saw unusually-strong trading volume on Thursday . Approximately 57,797 shares were traded during trading, an increase of 184% from the previous session’s volume of 20,319 shares.The stock last traded at $111.27 and had previously closed at $112.21.

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

The firm has a market cap of $1.30 billion, a PE ratio of 15.67 and a beta of 0.97. The business has a 50-day moving average price of $114.48 and a two-hundred day moving average price of $109.86.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. GHP Investment Advisors Inc. acquired a new stake in Vanguard S&P Mid-Cap 400 Value ETF during the first quarter worth approximately $480,000. Cornerstone Financial Management LLC purchased a new position in shares of Vanguard S&P Mid-Cap 400 Value ETF during the 4th quarter worth $1,506,000. Thrivent Financial for Lutherans purchased a new position in shares of Vanguard S&P Mid-Cap 400 Value ETF during the 4th quarter worth $1,966,000. MidFirst Bank acquired a new stake in shares of Vanguard S&P Mid-Cap 400 Value ETF during the fourth quarter worth $7,104,000. Finally, Mariner LLC grew its position in shares of Vanguard S&P Mid-Cap 400 Value ETF by 0.9% in the fourth quarter. Mariner LLC now owns 868,738 shares of the company’s stock valued at $87,751,000 after purchasing an additional 7,615 shares during the period.

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.