Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) Sets New 12-Month High – Time to Buy?

Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $108.33 and last traded at $108.26, with a volume of 1944 shares changing hands. The stock had previously closed at $106.28.

Vanguard S&P Mid-Cap 400 Value ETF Stock Up 2.1%

The company has a market cap of $1.20 billion, a P/E ratio of 15.67 and a beta of 1.06. The business has a fifty day simple moving average of $104.04 and a two-hundred day simple moving average of $101.11.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Jane Street Group LLC purchased a new stake in shares of Vanguard S&P Mid-Cap 400 Value ETF in the 1st quarter worth $249,000. Truist Financial Corp grew its holdings in Vanguard S&P Mid-Cap 400 Value ETF by 1.6% during the second quarter. Truist Financial Corp now owns 43,911 shares of the company’s stock valued at $4,192,000 after purchasing an additional 708 shares during the period. Ameritas Advisory Services LLC purchased a new stake in Vanguard S&P Mid-Cap 400 Value ETF in the second quarter worth about $183,000. Mutual Advisors LLC raised its stake in shares of Vanguard S&P Mid-Cap 400 Value ETF by 120.9% in the second quarter. Mutual Advisors LLC now owns 5,039 shares of the company’s stock worth $498,000 after buying an additional 2,758 shares during the period. Finally, Spectrum Investment Advisors Inc. raised its stake in shares of Vanguard S&P Mid-Cap 400 Value ETF by 10.2% in the second quarter. Spectrum Investment Advisors Inc. now owns 10,101 shares of the company’s stock worth $964,000 after buying an additional 938 shares during the period.

Vanguard S&P Mid-Cap 400 Value ETF Company Profile

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.