Vanguard S&P Small-Cap 600 Growth ETF (NYSEARCA:VIOG) Sees Large Volume Increase – Still a Buy?

Vanguard S&P Small-Cap 600 Growth ETF (NYSEARCA:VIOG) shares saw strong trading volume on Wednesday . 90,287 shares traded hands during mid-day trading, an increase of 96% from the previous session’s volume of 46,132 shares.The stock last traded at $117.60 and had previously closed at $117.07.

Vanguard S&P Small-Cap 600 Growth ETF Stock Performance

The firm’s fifty day simple moving average is $122.53 and its 200 day simple moving average is $118.39. The stock has a market capitalization of $892.47 million, a price-to-earnings ratio of 7.05 and a beta of 1.16.

Hedge Funds Weigh In On Vanguard S&P Small-Cap 600 Growth ETF

Several institutional investors and hedge funds have recently modified their holdings of VIOG. JPMorgan Chase & Co. grew its holdings in shares of Vanguard S&P Small-Cap 600 Growth ETF by 185.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 31,260 shares of the company’s stock worth $3,744,000 after purchasing an additional 20,328 shares in the last quarter. Beaird Harris Wealth Management LLC acquired a new position in Vanguard S&P Small-Cap 600 Growth ETF in the third quarter valued at approximately $377,000. MML Investors Services LLC boosted its holdings in shares of Vanguard S&P Small-Cap 600 Growth ETF by 6.4% during the 3rd quarter. MML Investors Services LLC now owns 10,217 shares of the company’s stock worth $1,224,000 after buying an additional 618 shares in the last quarter. Northeast Financial Consultants Inc acquired a new stake in shares of Vanguard S&P Small-Cap 600 Growth ETF during the 3rd quarter worth approximately $208,000. Finally, Orion Portfolio Solutions LLC bought a new stake in shares of Vanguard S&P Small-Cap 600 Growth ETF in the 3rd quarter valued at $695,000.

About Vanguard S&P Small-Cap 600 Growth ETF

The Vanguard S&P Small-Cap 600 Growth ETF (VIOG) is an exchange-traded fund that is based on the S&P Small Cap 600 Growth index, a market-cap-weighted index of US small-cap companies characterized by strong growth factors. VIOG was launched on Sep 7, 2010 and is managed by Vanguard.