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 shares of Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 192,171 shares of the company’s stock, valued at approximately $18,363,000. Raymond James Financial Inc. owned about 1.97% of Vanguard S&P Mid-Cap 400 Value ETF at the end of the most recent reporting period.

Several other large investors have also modified their holdings of IVOV. Newbridge Financial Services Group Inc. purchased a new position in Vanguard S&P Mid-Cap 400 Value ETF in the fourth quarter worth $42,000. Pinnacle Bancorp Inc. raised its position in Vanguard S&P Mid-Cap 400 Value ETF by 803.1% in 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. Aptus Capital Advisors LLC purchased a new position in Vanguard S&P Mid-Cap 400 Value ETF in the third quarter worth $57,000. Archer Investment Corp purchased a new position in Vanguard S&P Mid-Cap 400 Value ETF in the fourth quarter worth $69,000. Finally, Teachers Insurance & Annuity Association of America purchased a new position in Vanguard S&P Mid-Cap 400 Value ETF in the third quarter worth $79,000.

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

NYSEARCA:IVOV opened at $93.26 on Tuesday. The stock has a fifty day moving average price of $96.72 and a two-hundred day moving average price of $97.22. The stock has a market capitalization of $899.96 million, a price-to-earnings 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.

About Vanguard S&P Mid-Cap 400 Value ETF

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.