Vanguard Materials ETF (NYSEARCA:VAW) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its position in Vanguard Materials ETF (NYSEARCA:VAW) by 7.9% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 58,631 shares of the company’s stock after purchasing an additional 4,308 shares during the period. JPMorgan Chase & Co.’s holdings in Vanguard Materials ETF were worth $12,399,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of VAW. Caprock Group LLC bought a new stake in shares of Vanguard Materials ETF in the second quarter worth $210,000. Choreo LLC bought a new position in Vanguard Materials ETF during the 2nd quarter valued at $293,000. Johnson Investment Counsel Inc. grew its holdings in Vanguard Materials ETF by 2.9% during the 2nd quarter. Johnson Investment Counsel Inc. now owns 2,746 shares of the company’s stock worth $529,000 after acquiring an additional 78 shares in the last quarter. Renaissance Technologies LLC increased its position in shares of Vanguard Materials ETF by 31.3% in the 2nd quarter. Renaissance Technologies LLC now owns 2,100 shares of the company’s stock worth $405,000 after purchasing an additional 500 shares during the last quarter. Finally, The Manufacturers Life Insurance Company raised its stake in shares of Vanguard Materials ETF by 2.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 287,750 shares of the company’s stock valued at $55,429,000 after purchasing an additional 8,070 shares in the last quarter.

Vanguard Materials ETF Stock Performance

Shares of VAW stock opened at $185.71 on Friday. The stock has a market capitalization of $2.75 billion, a price-to-earnings ratio of 15.20 and a beta of 0.98. Vanguard Materials ETF has a one year low of $179.00 and a one year high of $215.82. The company’s 50-day simple moving average is $200.55 and its 200-day simple moving average is $201.71.

About Vanguard Materials ETF

Vanguard Materials ETF seeks to track the investment performance of the MSCI US Investable Market Materials 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the materials sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies in a wide range of commodity-related manufacturing industries.