Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) Sets New 52-Week High – Should You Buy?

Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) shares reached a new 52-week high on Wednesday . The company traded as high as $101.23 and last traded at $101.23, with a volume of 94 shares trading hands. The stock had previously closed at $97.25.

Vanguard S&P Mid-Cap 400 Value ETF Trading Up 0.5 %

The stock’s 50-day moving average price is $95.30 and its two-hundred day moving average price is $91.27. The stock has a market capitalization of $995.07 million, a P/E ratio of 6.72 and a beta of 1.07.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in IVOV. Capital Performance Advisors LLP purchased a new stake in Vanguard S&P Mid-Cap 400 Value ETF in the 3rd quarter worth about $33,000. Newbridge Financial Services Group Inc. bought a new position in Vanguard S&P Mid-Cap 400 Value ETF during the second quarter worth about $39,000. Aptus Capital Advisors LLC purchased a new position in shares of Vanguard S&P Mid-Cap 400 Value ETF in the third quarter worth about $57,000. Eastern Bank bought a new stake in shares of Vanguard S&P Mid-Cap 400 Value ETF in the third quarter valued at approximately $61,000. Finally, Virtu Financial LLC purchased a new stake in shares of Vanguard S&P Mid-Cap 400 Value ETF during the 1st quarter valued at approximately $219,000.

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.