Vanguard S&P Small-Cap 600 Growth ETF (NYSEARCA:VIOG) Sees Unusually-High Trading Volume – Should You Buy?

Vanguard S&P Small-Cap 600 Growth ETF (NYSEARCA:VIOG) shares saw an uptick in trading volume on Wednesday . 90,287 shares traded hands during mid-day trading, an increase of 96% from the previous session’s volume of 46,132 shares.The stock last traded at $117.60 and had previously closed at $117.07.

Vanguard S&P Small-Cap 600 Growth ETF Trading Down 2.0 %

The business’s 50-day simple moving average is $122.57 and its 200-day simple moving average is $118.38. The company has a market capitalization of $874.46 million, a PE ratio of 7.05 and a beta of 1.16.

Institutional Trading of Vanguard S&P Small-Cap 600 Growth ETF

A number of hedge funds have recently modified their holdings of the stock. Del Sette Capital Management LLC acquired a new stake in shares of Vanguard S&P Small-Cap 600 Growth ETF during the 3rd quarter valued at about $7,222,000. Crumly & Associates Inc. acquired a new stake in Vanguard S&P Small-Cap 600 Growth ETF in the third quarter valued at approximately $4,684,000. Envestnet Asset Management Inc. grew its holdings in Vanguard S&P Small-Cap 600 Growth ETF by 24.4% in the second quarter. Envestnet Asset Management Inc. now owns 114,333 shares of the company’s stock valued at $12,602,000 after purchasing an additional 22,438 shares during the period. JPMorgan Chase & Co. increased its position in shares of Vanguard S&P Small-Cap 600 Growth ETF by 185.9% in the third quarter. JPMorgan Chase & Co. now owns 31,260 shares of the company’s stock valued at $3,744,000 after buying an additional 20,328 shares in the last quarter. Finally, Raymond James & Associates raised its stake in shares of Vanguard S&P Small-Cap 600 Growth ETF by 65.0% during the 3rd quarter. Raymond James & Associates now owns 47,561 shares of the company’s stock worth $5,697,000 after buying an additional 18,728 shares during the period.

About Vanguard S&P Small-Cap 600 Growth ETF

The Vanguard S&P Small-Cap 600 Growth ETF (VIOG) is an exchange-traded fund that is based on the S&P Small Cap 600 Growth index, a market-cap-weighted index of US small-cap companies characterized by strong growth factors. VIOG was launched on Sep 7, 2010 and is managed by Vanguard.