Summit Financial Consulting LLC Makes New Investment in Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV)

Summit Financial Consulting LLC acquired a new position in Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 3,113 shares of the company’s stock, valued at approximately $287,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Bank of America Corp DE lifted its holdings in Vanguard S&P Mid-Cap 400 Value ETF by 5.2% in the 4th 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. bought a new position in shares of Vanguard S&P Mid-Cap 400 Value ETF in the 4th quarter worth approximately $18,363,000. Octavia Wealth Advisors LLC raised its position in shares of Vanguard S&P Mid-Cap 400 Value ETF by 5.4% in the 1st quarter. Octavia Wealth Advisors LLC now owns 186,696 shares of the company’s stock worth $17,184,000 after acquiring an additional 9,510 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of 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 worth $9,522,000 after acquiring an additional 10,047 shares in the last quarter. Finally, LPL Financial LLC raised its position in shares of 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 worth $8,778,000 after acquiring an additional 882 shares in the last quarter.

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

Shares of NYSEARCA:IVOV opened at $98.78 on Friday. Vanguard S&P Mid-Cap 400 Value ETF has a 52-week low of $78.72 and a 52-week high of $105.65. The firm has a market capitalization of $960.64 million, a P/E ratio of 16.17 and a beta of 1.18. The stock has a 50 day moving average price of $92.92 and a 200-day moving average price of $93.44.

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.