Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) Sees Unusually-High Trading Volume – Time to Buy?

Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) shares saw unusually-high trading volume on Tuesday . Approximately 115,410 shares traded hands during trading, an increase of 64% from the previous session’s volume of 70,322 shares.The stock last traded at $98.93 and had previously closed at $99.11.

Vanguard S&P Mid-Cap 400 ETF Trading Up 0.1 %

The business’s fifty day moving average price is $106.72 and its two-hundred day moving average price is $107.05. The firm has a market cap of $2.29 billion, a P/E ratio of 19.19 and a beta of 1.14.

Institutional Investors Weigh In On Vanguard S&P Mid-Cap 400 ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in IVOO. Trifecta Capital Advisors LLC bought a new stake in shares of Vanguard S&P Mid-Cap 400 ETF during the 4th quarter worth $27,000. Ameriflex Group Inc. acquired a new position in Vanguard S&P Mid-Cap 400 ETF during the 4th quarter worth $31,000. VSM Wealth Advisory LLC bought a new stake in Vanguard S&P Mid-Cap 400 ETF during the fourth quarter valued at about $39,000. RE Dickinson Investment Advisors LLC acquired a new stake in shares of Vanguard S&P Mid-Cap 400 ETF in the fourth quarter valued at about $47,000. Finally, Jones Financial Companies Lllp increased its stake in shares of Vanguard S&P Mid-Cap 400 ETF by 58.3% in the fourth quarter. Jones Financial Companies Lllp now owns 475 shares of the company’s stock worth $50,000 after purchasing an additional 175 shares during the period.

Vanguard S&P Mid-Cap 400 ETF Company Profile

The Vanguard S&P Mid-Cap 400 ETF (IVOO) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund tracks a market cap-weighted index of mid-cap US companies. IVOO was launched on Sep 9, 2010 and is managed by Vanguard.