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

Shares of Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $83.49 and last traded at $83.63, with a volume of 5977 shares traded. The stock had previously closed at $87.21.

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

The firm has a 50 day simple moving average of $95.08 and a 200-day simple moving average of $97.14. The company has a market cap of $802.40 million, a price-to-earnings ratio of 16.61 and a beta of 1.17.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Bank of America Corp DE boosted its position in shares of 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 buying an additional 14,197 shares during the period. Raymond James Financial Inc. acquired a new position in Vanguard S&P Mid-Cap 400 Value ETF during the 4th quarter worth about $18,363,000. Wealth Enhancement Advisory Services LLC grew its position in Vanguard S&P Mid-Cap 400 Value ETF by 11.2% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 99,652 shares of the company’s stock valued at $9,522,000 after acquiring an additional 10,047 shares in the last quarter. LPL Financial LLC grew its position in Vanguard S&P Mid-Cap 400 Value ETF by 1.0% in the 4th quarter. LPL Financial LLC now owns 91,865 shares of the company’s stock valued at $8,778,000 after acquiring an additional 882 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its position in shares of 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 in 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.