Raymond James Financial Inc. Invests $18.36 Million in Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV)

Raymond James Financial Inc. purchased a new position in Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 192,171 shares of the company’s stock, valued at approximately $18,363,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Cooper Financial Group boosted its position in shares of Vanguard S&P Mid-Cap 400 Value ETF by 4.3% in the 4th quarter. Cooper Financial Group now owns 2,776 shares of the company’s stock worth $265,000 after purchasing an additional 114 shares during the last quarter. Oppenheimer & Co. Inc. boosted its position in shares of Vanguard S&P Mid-Cap 400 Value ETF by 4.5% in the 4th quarter. Oppenheimer & Co. Inc. now owns 8,971 shares of the company’s stock worth $857,000 after purchasing an additional 389 shares during the last quarter. Newbridge Financial Services Group Inc. bought a new position in Vanguard S&P Mid-Cap 400 Value ETF during the fourth quarter worth about $42,000. FMR LLC lifted its holdings in Vanguard S&P Mid-Cap 400 Value ETF by 52.4% during the third quarter. FMR LLC now owns 1,379 shares of the company’s stock worth $132,000 after acquiring an additional 474 shares in the last quarter. Finally, Pinnacle Bancorp Inc. lifted its holdings in Vanguard S&P Mid-Cap 400 Value ETF by 803.1% during the fourth quarter. Pinnacle Bancorp Inc. now owns 578 shares of the company’s stock worth $55,000 after acquiring an additional 514 shares in the last quarter.

Vanguard S&P Mid-Cap 400 Value ETF Trading Up 1.5 %

IVOV stock opened at $93.26 on Tuesday. The business’s 50-day moving average price is $96.72 and its two-hundred day moving average price is $97.22. The firm has a market cap of $899.96 million, a PE ratio of 17.21 and a beta of 1.17. Vanguard S&P Mid-Cap 400 Value ETF has a 1-year low of $83.79 and a 1-year high of $105.65.

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.