Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) Hits New 12-Month Low – Here’s Why

Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) hit a new 52-week low during trading on Thursday . The stock traded as low as $78.72 and last traded at $86.86, with a volume of 81871 shares traded. The stock had previously closed at $79.85.

Vanguard S&P Mid-Cap 400 Value ETF Stock Performance

The firm’s 50-day moving average is $93.42 and its 200 day moving average is $96.71. The firm has a market capitalization of $838.20 million, a PE ratio of 16.61 and a beta of 1.17.

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

Several large investors have recently bought and sold shares of the company. Bank of America Corp DE lifted its stake in Vanguard S&P Mid-Cap 400 Value ETF by 5.2% during the fourth quarter. Bank of America Corp DE now owns 288,261 shares of the company’s stock worth $27,545,000 after purchasing an additional 14,197 shares during the last quarter. Raymond James Financial Inc. bought a new position in Vanguard S&P Mid-Cap 400 Value ETF during the fourth quarter worth $18,363,000. Wealth Enhancement Advisory Services LLC lifted its stake in Vanguard S&P Mid-Cap 400 Value ETF by 11.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 99,652 shares of the company’s stock worth $9,522,000 after purchasing an additional 10,047 shares during the last quarter. LPL Financial LLC lifted its stake in Vanguard S&P Mid-Cap 400 Value ETF by 1.0% during the fourth quarter. LPL Financial LLC now owns 91,865 shares of the company’s stock worth $8,778,000 after purchasing an additional 882 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its stake in Vanguard S&P Mid-Cap 400 Value ETF by 4.9% during the fourth quarter. Wells Fargo & Company MN now owns 85,619 shares of the company’s stock worth $8,181,000 after purchasing an additional 4,011 shares during the last quarter.

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.