Colton Groome Financial Advisors LLC Acquires New Holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Colton Groome Financial Advisors LLC acquired a new stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 3,862 shares of the company’s stock, valued at approximately $422,000.

Several other institutional investors and hedge funds have also modified their holdings of MGV. JPMorgan Chase & Co. grew its position in shares of Vanguard Mega Cap Value ETF by 2.0% in the 1st quarter. JPMorgan Chase & Co. now owns 59,288 shares of the company’s stock valued at $6,363,000 after purchasing an additional 1,136 shares during the period. Bank of Montreal Can boosted its position in Vanguard Mega Cap Value ETF by 312.5% during the 1st quarter. Bank of Montreal Can now owns 825 shares of the company’s stock worth $90,000 after acquiring an additional 625 shares during the last quarter. Blair William & Co. IL boosted its position in Vanguard Mega Cap Value ETF by 27.0% during the 1st quarter. Blair William & Co. IL now owns 5,764 shares of the company’s stock worth $619,000 after acquiring an additional 1,224 shares during the last quarter. Baird Financial Group Inc. acquired a new position in Vanguard Mega Cap Value ETF during the 1st quarter worth approximately $1,284,000. Finally, First Trust Advisors LP acquired a new position in Vanguard Mega Cap Value ETF during the 1st quarter worth approximately $2,521,000.

Vanguard Mega Cap Value ETF Price Performance

NYSEARCA:MGV traded up $0.13 during trading hours on Thursday, reaching $113.74. 271,239 shares of the stock were exchanged, compared to its average volume of 176,974. Vanguard Mega Cap Value ETF has a twelve month low of $96.77 and a twelve month high of $119.69. The firm has a 50 day moving average of $115.74 and a 200 day moving average of $109.09. The stock has a market cap of $6.98 billion, a PE ratio of 18.58 and a beta of 0.86.

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.