Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) Sees Large Volume Increase – Here’s Why

Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) saw strong trading volume on Monday . 124,043 shares changed hands during trading, an increase of 70% from the previous session’s volume of 72,850 shares.The stock last traded at $102.19 and had previously closed at $99.84.

Vanguard S&P Mid-Cap 400 ETF Stock Performance

The company has a market capitalization of $2.44 billion, a price-to-earnings ratio of 17.72 and a beta of 1.14. The company has a fifty day simple moving average of $105.84 and a two-hundred day simple moving average of $106.87.

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

Institutional investors have recently bought and sold shares of the business. Trifecta Capital Advisors LLC purchased a new position in Vanguard S&P Mid-Cap 400 ETF in the fourth quarter valued at about $27,000. Ameriflex Group Inc. purchased a new position in shares of Vanguard S&P Mid-Cap 400 ETF during the 4th quarter valued at approximately $31,000. VSM Wealth Advisory LLC acquired a new stake in shares of Vanguard S&P Mid-Cap 400 ETF during the fourth quarter worth approximately $39,000. RE Dickinson Investment Advisors LLC bought a new stake in shares of Vanguard S&P Mid-Cap 400 ETF in the fourth quarter worth $47,000. Finally, Jones Financial Companies Lllp boosted its stake in Vanguard S&P Mid-Cap 400 ETF by 58.3% during the 4th quarter. Jones Financial Companies Lllp now owns 475 shares of the company’s stock valued at $50,000 after acquiring an additional 175 shares during the last quarter.

About Vanguard S&P Mid-Cap 400 ETF

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.