Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. trimmed its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 18.6% in the third quarter, Holdings Channel.com reports. The firm owned 110,185 shares of the company’s stock after selling 25,234 shares during the period. JPMorgan Chase & Co.’s holdings in Vanguard Mega Cap Value ETF were worth $14,135,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Assetmark Inc. grew its stake in shares of Vanguard Mega Cap Value ETF by 4.1% during the third quarter. Assetmark Inc. now owns 13,969,433 shares of the company’s stock valued at $1,791,999,000 after acquiring an additional 548,728 shares in the last quarter. World Investment Advisors LLC acquired a new stake in Vanguard Mega Cap Value ETF during the 3rd quarter valued at approximately $59,884,000. Redhawk Wealth Advisors Inc. acquired a new stake in Vanguard Mega Cap Value ETF during the 3rd quarter valued at approximately $25,554,000. Brophy Wealth Management LLC purchased a new stake in Vanguard Mega Cap Value ETF during the 3rd quarter worth approximately $16,744,000. Finally, MFA Wealth Advisors LLC acquired a new position in shares of Vanguard Mega Cap Value ETF in the 3rd quarter valued at approximately $13,336,000.

Vanguard Mega Cap Value ETF Trading Down 1.5 %

MGV stock opened at $123.61 on Friday. The firm has a 50 day simple moving average of $128.64 and a 200-day simple moving average of $126.03. The company has a market capitalization of $7.66 billion, a P/E ratio of 18.88 and a beta of 0.66. Vanguard Mega Cap Value ETF has a twelve month low of $107.85 and a twelve month high of $133.82.

Vanguard Mega Cap Value ETF Profile

Vanguard Mega Cap Value ETF, formerly Vanguard Mega Cap 300 Value Index ETF, seeks to track the performance of a benchmark index that measures the investment return of the largest-capitalization value stocks in the United States. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Large-Cap Value Index, which represents the value companies of the MSCI US Large-Cap 300 Index.