IVOV Stock Summary and Trading Ideas (Vanguard S&P Mid-Cap 400 Value ETF | ARCA:IVOV)

Invests in stocks in the S&P MidCap 400 Value Index composed of the value companies in the S&P 400. Focuses on closely tracking the index s return which is considered a gauge of overall U.S. mid-cap value stock returns. Offers high potential for investment growth; share value rises and falls more sharply than that of funds holding bonds. More appropriate for long-term goals where your money s growth is essential.

Vanguard S&P Mid-Cap 400 Value ETF trades on the ARCA stock market under the symbol IVOV.

As of May 9, 2024, IVOV stock price climbed to $88.95 with 2,828 million shares trading.

IVOV has a beta of 1.06, meaning it tends to be more sensitive to market movements. IVOV has a correlation of 0.61 to the broad based SPY ETF.

IVOV has a market cap of $868.60 million. This is considered a Small Cap stock.

In the last 3 years, IVOV stock traded as high as $90.94 and as low as $69.38.

IVOV stock has underperformed the market in the last year with a return of +18.2%, while SPY returned +27.4%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in IVOV shares. However, IVOV has outperformed the market in the last 3 month and 2 week periods, returning +5.1% and +2.9%, while SPY returned +4.5% and +2.7%, respectively. This indicates IVOV has been having a stronger performance recently.

IVOV support price is $87.44 and resistance is $89.29 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IVOV stock will trade within this expected range on the day.