Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) Sees Large Volume Increase – Time to Buy?

Shares of Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) saw unusually-high trading volume on Thursday . Approximately 29,547 shares traded hands during trading, a decline of 51% from the previous session’s volume of 59,876 shares.The stock last traded at $106.53 and had previously closed at $106.74.

Vanguard S&P Mid-Cap 400 ETF Price Performance

The firm has a 50-day moving average of $109.56 and a 200 day moving average of $104.80. The company has a market capitalization of $2.08 billion, a PE ratio of 7.55 and a beta of 1.11.

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

Large investors have recently made changes to their positions in the stock. International Assets Investment Management LLC boosted its holdings in Vanguard S&P Mid-Cap 400 ETF by 147,691.7% in the third quarter. International Assets Investment Management LLC now owns 768,517 shares of the company’s stock worth $81,178,000 after purchasing an additional 767,997 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Vanguard S&P Mid-Cap 400 ETF by 4.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 368,093 shares of the company’s stock worth $36,481,000 after buying an additional 15,439 shares during the last quarter. LPL Financial LLC grew its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 0.4% in the second quarter. LPL Financial LLC now owns 313,602 shares of the company’s stock worth $31,081,000 after acquiring an additional 1,290 shares during the period. Envestnet Asset Management Inc. increased its position in Vanguard S&P Mid-Cap 400 ETF by 2.1% during the second quarter. Envestnet Asset Management Inc. now owns 259,203 shares of the company’s stock valued at $25,690,000 after acquiring an additional 5,273 shares during the last quarter. Finally, Raymond James & Associates lifted its holdings in Vanguard S&P Mid-Cap 400 ETF by 7.5% in the third quarter. Raymond James & Associates now owns 192,080 shares of the company’s stock valued at $20,289,000 after acquiring an additional 13,456 shares during the period.

About Vanguard S&P Mid-Cap 400 ETF

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