ETFs

Vanguard S&P Small-Cap 600 Value ETF (NYSEARCA:VIOV) Sees Significant Volume Uptick – Is It the Right Time to Invest?

Published January 1, 2025

On January 1, 2025, there was a noticeable increase in trading activity for the Vanguard S&P Small-Cap 600 Value ETF (NYSEARCA:VIOV). During midday trading, approximately 67,195 shares exchanged hands, representing a 16% increase compared to the previous day's trading volume of 57,877 shares. At that time, the ETF was priced at $92.04, having closed at $93.67 prior to this spike.

Price Performance of Vanguard S&P Small-Cap 600 Value ETF

The Vanguard S&P Small-Cap 600 Value ETF has a market capitalization of $1.46 billion and boasts a price-to-earnings ratio of 5.56. The ETF has shown a beta value of 1.21, indicating its volatility in relation to the overall market. Its 50-day moving average stands at $96.58, while the 200-day moving average is $91.69, showcasing its recent price fluctuations.

Institutional Changes in Position

Recent changes in institutional investors’ holdings reflect growing interest in VIOV. For instance, Octavia Wealth Advisors LLC increased its stake in the ETF by 5.9% during the third quarter. Following this, the firm now holds 182,927 shares worth approximately $17 million, after purchasing an additional 10,178 shares. Similarly, Raymond James & Associates boosted their position by 1.5%, acquiring an additional 2,639 shares to bring their total to 180,935 shares, valued at about $16.7 million.

Cannon Financial Strategists Inc. also raised its stake by 6.3%, now owning 109,421 shares valued at around $9.68 million after adding 6,451 shares. Silver Oak Advisory Group Inc. increased its holdings by 1.2%, resulting in a total of 98,227 shares worth approximately $9.08 million. Lastly, CWM LLC saw a 4.9% lift in its stake during the third quarter, bringing their total to 98,029 shares valued at $9.06 million, after purchasing an additional 4,584 shares.

Overview of Vanguard S&P Small-Cap 600 Value ETF

The Vanguard S&P Small-Cap 600 Value ETF (VIOV) is an exchange-traded fund designed to track the S&P Small Cap 600 Value index. This index is comprised of small-cap value companies selected from the broader S&P 600 index. Launched on September 7, 2010, VIOV is managed by Vanguard, a well-known entity in the investment management sector.

Conclusion

The recent surge in trading volume for the Vanguard S&P Small-Cap 600 Value ETF suggests increased investor interest. The analysis of institutional movements and price performance may offer clues on whether this ETF is a worthy addition to a portfolio.

ETF, Investment, Volume