Renaissance Technologies LLC Decreases Stake in Vanguard Mega Cap Value ETF $MGV

Renaissance Technologies LLC lessened its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 22.7% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,600 shares of the company’s stock after selling 4,000 shares during the quarter. Renaissance Technologies LLC’s holdings in Vanguard Mega Cap Value ETF were worth $1,971,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Tucker Asset Management LLC acquired a new position in Vanguard Mega Cap Value ETF during the fourth quarter valued at approximately $26,000. Ascentis Independent Advisors acquired a new stake in shares of Vanguard Mega Cap Value ETF in the first quarter worth $26,000. Bay Harbor Wealth Management LLC acquired a new stake in shares of Vanguard Mega Cap Value ETF in the fourth quarter worth $33,000. Key Financial Inc increased its position in shares of Vanguard Mega Cap Value ETF by 511.1% in the fourth quarter. Key Financial Inc now owns 275 shares of the company’s stock worth $39,000 after acquiring an additional 230 shares in the last quarter. Finally, Financial Life Planners purchased a new position in shares of Vanguard Mega Cap Value ETF in the 1st quarter valued at $40,000.

Vanguard Mega Cap Value ETF Trading Up 0.1%

NYSEARCA:MGV opened at $167.39 on Wednesday. The firm has a market capitalization of $13.50 billion, a price-to-earnings ratio of 18.48 and a beta of 0.72. The firm’s fifty day simple moving average is $163.03 and its 200 day simple moving average is $154.94. Vanguard Mega Cap Value ETF has a twelve month low of $131.57 and a twelve month high of $168.02.

About Vanguard Mega Cap Value ETF

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.