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

Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) shares saw an uptick in trading volume on Wednesday . 126,342 shares were traded during trading, an increase of 16% from the previous session’s volume of 108,988 shares.The stock last traded at $101.13 and had previously closed at $100.83.

Vanguard S&P Mid-Cap 400 ETF Stock Down 1.5 %

The company’s fifty day moving average price is $107.22 and its 200 day moving average price is $107.13. The company has a market capitalization of $2.34 billion, a P/E ratio of 19.19 and a beta of 1.14.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Trifecta Capital Advisors LLC acquired a new stake in Vanguard S&P Mid-Cap 400 ETF during the fourth quarter worth about $27,000. Ameriflex Group Inc. bought a new stake in shares of Vanguard S&P Mid-Cap 400 ETF during the 4th quarter worth approximately $31,000. VSM Wealth Advisory LLC acquired a new stake in shares of Vanguard S&P Mid-Cap 400 ETF during the 4th quarter worth approximately $39,000. RE Dickinson Investment Advisors LLC bought a new position in Vanguard S&P Mid-Cap 400 ETF in the fourth quarter valued at approximately $47,000. Finally, Jones Financial Companies Lllp increased its stake in 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 valued at $50,000 after acquiring an additional 175 shares during the last quarter.

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.