(IVOV) Vanguard S&P Mid-Cap 400 - Ratings and Ratios

The Vanguard S&P Mid-Cap 400 Value Index Fund ETF Shares (IVOV) is designed to track the performance of the S&P MidCap 400 Value Index, which focuses on value companies within the mid-capitalization segment of the U.S. equity market. The fund uses a passive management approach, aiming to replicate the index by holding stocks in approximately the same weights as they appear in the target index. This strategy minimizes tracking error and ensures that the funds returns closely align with those of the underlying index. The ETF is structured to provide exposure to mid-sized companies that exhibit value characteristics, such as lower price-to-earnings and price-to-book ratios compared to their peers.

As of the latest data, the fund has an average trading volume of 19,679 shares over the past 20 days, with a last price of $89.74. The ETFs short-term moving average (SMA) of 86.05 indicates recent price weakness, while the 50-day SMA of 90.09 and the 200-day SMA of 93.93 suggest a broader downtrend. The Average True Range (ATR) of 2.56 reflects moderate volatility, with price fluctuations remaining relatively contained. The funds assets under management (AUM) stand at $826.42 million, indicating a sizable but not overly large ETF in its category.

Based on the technical and fundamental data, the fund is likely to remain under pressure in the short term, given the downward trajectory of its moving averages. However, the mid-cap value segment could see renewed interest if economic conditions stabilize and investors seek exposure to companies with strong fundamentals at attractive valuations. The ETFs low turnover and passive strategy make it a cost-effective option for long-term investors seeking mid-cap value exposure.