Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) Sees Strong Trading Volume – Should You Buy?

Shares of Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) saw unusually-strong trading volume on Thursday . Approximately 46,106 shares were traded during mid-day trading, an increase of 178% from the previous session’s volume of 16,596 shares.The stock last traded at $96.17 and had previously closed at $96.23.

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

The firm has a market cap of $943.39 million, a P/E ratio of 6.72 and a beta of 1.07. The company’s 50-day simple moving average is $99.95 and its 200 day simple moving average is $94.40.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Capital Performance Advisors LLP acquired a new stake in Vanguard S&P Mid-Cap 400 Value ETF in the 3rd quarter worth approximately $33,000. Newbridge Financial Services Group Inc. purchased a new position in Vanguard S&P Mid-Cap 400 Value ETF in the 2nd quarter valued at $39,000. Aptus Capital Advisors LLC purchased a new position in shares of Vanguard S&P Mid-Cap 400 Value ETF during the third quarter worth $57,000. Eastern Bank acquired a new position in Vanguard S&P Mid-Cap 400 Value ETF during the 3rd quarter worth about $61,000. Finally, Teachers Insurance & Annuity Association of America purchased a new position in Vanguard S&P Mid-Cap 400 Value ETF in the third quarter valued at $79,000.

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.