Vanguard S&P Mid-Cap 400 Growth ETF (NYSEARCA:IVOG) Sees Unusually-High Trading Volume – Should You Buy?

Vanguard S&P Mid-Cap 400 Growth ETF (NYSEARCA:IVOG) shares saw unusually-high trading volume on Monday . Approximately 27,866 shares changed hands during mid-day trading, an increase of 38% from the previous session’s volume of 20,224 shares.The stock last traded at $115.47 and had previously closed at $114.55.

Vanguard S&P Mid-Cap 400 Growth ETF Price Performance

The business has a fifty day moving average price of $118.08 and a 200 day moving average price of $114.11. The company has a market capitalization of $1.04 billion, a price-to-earnings ratio of 9.25 and a beta of 1.07.

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

Several institutional investors have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. raised its position in shares of Vanguard S&P Mid-Cap 400 Growth ETF by 1.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 9,702 shares of the company’s stock worth $1,063,000 after purchasing an additional 146 shares during the period. Thrivent Financial for Lutherans lifted its position in shares of Vanguard S&P Mid-Cap 400 Growth ETF by 1.0% in the second quarter. Thrivent Financial for Lutherans now owns 18,073 shares of the company’s stock valued at $1,980,000 after buying an additional 183 shares during the last quarter. Sunburst Financial Group LLC lifted its position in shares of Vanguard S&P Mid-Cap 400 Growth ETF by 6.4% in the third quarter. Sunburst Financial Group LLC now owns 3,283 shares of the company’s stock valued at $376,000 after buying an additional 198 shares during the last quarter. Kiely Wealth Advisory Group Inc. lifted its position in shares of Vanguard S&P Mid-Cap 400 Growth ETF by 12.5% in the third quarter. Kiely Wealth Advisory Group Inc. now owns 1,785 shares of the company’s stock valued at $215,000 after buying an additional 199 shares during the last quarter. Finally, Bristlecone Advisors LLC acquired a new stake in Vanguard S&P Mid-Cap 400 Growth ETF during the 3rd quarter worth approximately $25,000.

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

The Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) is an exchange-traded fund that is based on the S&P Mid Cap 400 Growth index, a market-cap-weighted index of growth companies curated from the S&P 400. IVOG was launched on Sep 9, 2010 and is managed by Vanguard.