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

Shares of Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) saw an uptick in trading volume on Monday . 13,148 shares were traded during mid-day trading, a decline of 44% from the previous session’s volume of 23,297 shares.The stock last traded at $113.75 and had previously closed at $113.36.

Vanguard S&P Mid-Cap 400 Value ETF Trading Down 0.6%

The company has a market capitalization of $1.32 billion, a P/E ratio of 15.67 and a beta of 0.97. The firm’s 50 day moving average price is $110.38 and its two-hundred day moving average price is $106.99.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in IVOV. Smartleaf Asset Management LLC acquired a new stake in Vanguard S&P Mid-Cap 400 Value ETF in the 4th quarter valued at $34,000. Assetmark Inc. boosted its stake in shares of Vanguard S&P Mid-Cap 400 Value ETF by 65.6% during the 4th quarter. Assetmark Inc. now owns 346 shares of the company’s stock worth $35,000 after buying an additional 137 shares during the last quarter. Sound Income Strategies LLC acquired a new position in shares of Vanguard S&P Mid-Cap 400 Value ETF during the 4th quarter worth about $37,000. Geneos Wealth Management Inc. grew its holdings in shares of Vanguard S&P Mid-Cap 400 Value ETF by 100.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 448 shares of the company’s stock valued at $43,000 after acquiring an additional 224 shares in the last quarter. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of Vanguard S&P Mid-Cap 400 Value ETF in the fourth quarter valued at about $112,000.

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.