Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) Sees Large Volume Increase – Should You Buy?

Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) shares saw an uptick in trading volume on Tuesday . 115,410 shares changed 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 Price Performance

The stock has a market capitalization of $2.30 billion, a P/E ratio of 19.19 and a beta of 1.14. The stock’s 50-day simple moving average is $107.00 and its 200 day simple moving average is $107.15.

Institutional Trading of Vanguard S&P Mid-Cap 400 ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Edge Financial Advisors LLC grew its holdings in Vanguard S&P Mid-Cap 400 ETF by 0.7% in the 4th quarter. Edge Financial Advisors LLC now owns 16,112 shares of the company’s stock valued at $1,700,000 after buying an additional 114 shares in the last quarter. Thoroughbred Financial Services LLC boosted its position in shares of Vanguard S&P Mid-Cap 400 ETF by 3.4% in the fourth quarter. Thoroughbred Financial Services LLC now owns 3,531 shares of the company’s stock valued at $372,000 after acquiring an additional 117 shares during the period. TD Private Client Wealth LLC grew its stake in shares of Vanguard S&P Mid-Cap 400 ETF by 6.2% in the third quarter. TD Private Client Wealth LLC now owns 2,879 shares of the company’s stock valued at $304,000 after acquiring an additional 167 shares in the last quarter. Jones Financial Companies Lllp increased its position in Vanguard S&P Mid-Cap 400 ETF by 58.3% during the fourth quarter. Jones Financial Companies Lllp now owns 475 shares of the company’s stock worth $50,000 after acquiring an additional 175 shares during the period. Finally, Great Valley Advisor Group Inc. raised its stake in Vanguard S&P Mid-Cap 400 ETF by 2.9% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 7,457 shares of the company’s stock worth $788,000 after purchasing an additional 207 shares in 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.