B. Riley Wealth Advisors Inc. Purchases New Stake in Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV)

B. Riley Wealth Advisors Inc. purchased a new stake in shares of Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 2,728 shares of the company’s stock, valued at approximately $238,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IVOV. Meridian Wealth Management LLC raised its holdings in Vanguard S&P Mid-Cap 400 Value ETF by 8.8% in the 4th quarter. Meridian Wealth Management LLC now owns 3,778 shares of the company’s stock worth $329,000 after purchasing an additional 307 shares in the last quarter. Valmark Advisers Inc. grew its position in shares of Vanguard S&P Mid-Cap 400 Value ETF by 2.6% in the 4th quarter. Valmark Advisers Inc. now owns 4,835 shares of the company’s stock worth $422,000 after buying an additional 121 shares during the period. UBS Group AG grew its position in shares of Vanguard S&P Mid-Cap 400 Value ETF by 2.2% in the 4th quarter. UBS Group AG now owns 108,631 shares of the company’s stock worth $9,470,000 after buying an additional 2,387 shares during the period. EP Wealth Advisors LLC grew its position in shares of Vanguard S&P Mid-Cap 400 Value ETF by 21.9% in the 3rd quarter. EP Wealth Advisors LLC now owns 4,769 shares of the company’s stock worth $372,000 after buying an additional 857 shares during the period. Finally, Truist Financial Corp grew its position in shares of Vanguard S&P Mid-Cap 400 Value ETF by 10.1% in the 4th quarter. Truist Financial Corp now owns 16,399 shares of the company’s stock worth $1,430,000 after buying an additional 1,502 shares during the period.

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

Shares of IVOV stock opened at $86.99 on Friday. Vanguard S&P Mid-Cap 400 Value ETF has a one year low of $71.72 and a one year high of $91.03. The company’s 50-day moving average is $87.72 and its 200 day moving average is $86.87. The company has a market capitalization of $849.89 million, a price-to-earnings ratio of 6.72 and a beta of 1.07.

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.