Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Hits New 52-Week High – Here’s What Happened

Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGVGet Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as $155.01 and last traded at $154.80, with a volume of 178098 shares changing hands. The stock had previously closed at $153.80.

Vanguard Mega Cap Value ETF Stock Up 0.7%

The firm has a market capitalization of $12.05 billion, a PE ratio of 18.48 and a beta of 0.73. The company’s 50-day simple moving average is $148.61 and its 200 day simple moving average is $145.36.

Institutional Trading of Vanguard Mega Cap Value ETF

Hedge funds have recently modified their holdings of the company. Ascentis Independent Advisors purchased a new stake in shares of Vanguard Mega Cap Value ETF during the first quarter valued at about $26,000. Tucker Asset Management LLC acquired a new position in shares of Vanguard Mega Cap Value ETF during the fourth quarter valued at about $26,000. Cornerstone Planning Group LLC purchased a new position in shares of Vanguard Mega Cap Value ETF in the 3rd quarter valued at approximately $28,000. Root Financial Partners LLC purchased a new position in shares of Vanguard Mega Cap Value ETF in the 3rd quarter valued at approximately $29,000. Finally, Bay Harbor Wealth Management LLC purchased a new position in shares of Vanguard Mega Cap Value ETF in the 4th quarter valued at approximately $33,000.

Vanguard Mega Cap Value ETF Company Profile

(Get Free Report)

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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.

Further Reading

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