Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) Reaches New 52-Week High – Time to Buy?

Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV)’s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $96.54 and last traded at $96.39, with a volume of 6596 shares trading hands. The stock had previously closed at $94.97.

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

The stock has a 50 day moving average price of $92.78 and a 200 day moving average price of $89.93. The company has a market capitalization of $942.12 million, a P/E ratio of 6.72 and a beta of 1.07.

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

Several large investors have recently modified their holdings of the stock. Thrivent Financial for Lutherans boosted its position in shares of Vanguard S&P Mid-Cap 400 Value ETF by 0.7% during the 2nd quarter. Thrivent Financial for Lutherans now owns 18,719 shares of the company’s stock valued at $1,639,000 after acquiring an additional 125 shares during the last quarter. Truist Financial Corp grew its stake in Vanguard S&P Mid-Cap 400 Value ETF by 0.6% in the 2nd quarter. Truist Financial Corp now owns 24,529 shares of the company’s stock worth $2,148,000 after buying an additional 145 shares in the last quarter. Trail Ridge Investment Advisors LLC increased its stake in Vanguard S&P Mid-Cap 400 Value ETF by 3.4% in the fourth quarter. Trail Ridge Investment Advisors LLC now owns 4,805 shares of the company’s stock valued at $419,000 after acquiring an additional 157 shares during the last quarter. Redhawk Wealth Advisors Inc. lifted its stake in Vanguard S&P Mid-Cap 400 Value ETF by 3.8% during the second quarter. Redhawk Wealth Advisors Inc. now owns 5,575 shares of the company’s stock worth $488,000 after purchasing an additional 206 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its position in shares of Vanguard S&P Mid-Cap 400 Value ETF by 10.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,356 shares of the company’s stock valued at $205,000 after purchasing an additional 223 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.