The Vanguard S&P Mid-Cap 400 Value ETF (IVOV) was launched on 09/09/2010, and is a passively managed exchange traded fund designed to offer broad exposure to the Mid Cap Value segment of the US equity market.The fund is sponsored by Vanguard. It has amassed assets over $952.66 million, making it one of the average sized ETFs attempting to match the Mid Cap Value segment of the US equity market.Why Mid Cap ValueMid cap companies have market capitalization between$2 billion and $10 billion. They usually have ...