Vanguard S&P Small-Cap 600 Value ETF (NYSEARCA:VIOV) Sees Unusually-High Trading Volume – Here’s What Happened

Vanguard S&P Small-Cap 600 Value ETF (NYSEARCA:VIOV) saw strong trading volume on Wednesday. 98,404 shares changed hands during trading, an increase of 104% from the previous session’s volume of 48,272 shares. The stock last traded at $110.7630 and had previously closed at $110.71.

Vanguard S&P Small-Cap 600 Value ETF Trading Down 0.2%

The company has a market cap of $1.76 billion, a P/E ratio of 13.90 and a beta of 1.00. The business’s 50 day simple moving average is $116.77 and its 200 day simple moving average is $112.44.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Royal Bank of Canada raised its holdings in Vanguard S&P Small-Cap 600 Value ETF by 200.6% during the first quarter. Royal Bank of Canada now owns 88,966 shares of the company’s stock valued at $9,051,000 after acquiring an additional 59,371 shares during the period. MidFirst Bank purchased a new stake in Vanguard S&P Small-Cap 600 Value ETF during the 4th quarter valued at approximately $4,470,000. Global Retirement Partners LLC purchased a new position in shares of Vanguard S&P Small-Cap 600 Value ETF during the 2nd quarter worth about $4,776,000. Corient Private Wealth LLC purchased a new position in Vanguard S&P Small-Cap 600 Value ETF in the fourth quarter worth $1,240,000. Finally, Ocean Park Asset Management LLC purchased a new stake in Vanguard S&P Small-Cap 600 Value ETF during the 1st quarter valued at about $1,074,000.

About Vanguard S&P Small-Cap 600 Value ETF

The Vanguard S&P Small-Cap 600 Value ETF (VIOV) is an exchange-traded fund that is based on the S&P Small Cap 600 Value index. The fund tracks a market cap-weighted index of small-cap value companies selected from the S&P 600. VIOV was launched on Sep 7, 2010 and is managed by Vanguard.