Vanguard S&P Mid-Cap 400 Growth ETF (NYSEARCA:IVOG) Sees Strong Trading Volume – Here’s What Happened

Vanguard S&P Mid-Cap 400 Growth ETF (NYSEARCA:IVOG) shares saw unusually-high trading volume on Wednesday . Approximately 42,001 shares traded hands during mid-day trading, an increase of 56% from the previous session’s volume of 26,995 shares.The stock last traded at $121.39 and had previously closed at $120.56.

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

The stock has a fifty day moving average of $117.77 and a two-hundred day moving average of $113.29. The firm has a market capitalization of $1.10 billion, a price-to-earnings ratio of 9.25 and a beta of 1.07.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Bristlecone Advisors LLC purchased a new position in Vanguard S&P Mid-Cap 400 Growth ETF during the third quarter valued at approximately $25,000. Northwest Investment Counselors LLC purchased a new stake in shares of Vanguard S&P Mid-Cap 400 Growth ETF in the 3rd quarter valued at $35,000. International Assets Investment Management LLC bought a new stake in Vanguard S&P Mid-Cap 400 Growth ETF during the 2nd quarter valued at $151,000. Kiely Wealth Advisory Group Inc. raised its holdings in Vanguard S&P Mid-Cap 400 Growth ETF by 61.0% during the 2nd quarter. Kiely Wealth Advisory Group Inc. now owns 1,586 shares of the company’s stock valued at $171,000 after buying an additional 601 shares during the last quarter. Finally, BCGM Wealth Management LLC bought a new stake in Vanguard S&P Mid-Cap 400 Growth ETF during the 3rd quarter valued at $201,000.

About Vanguard S&P Mid-Cap 400 Growth ETF

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.