Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Hits New 52-Week High at $127.92

Vanguard Mega Cap Value ETF (NYSEARCA:MGV)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $127.92 and last traded at $127.92, with a volume of 340 shares traded. The stock had previously closed at $127.34.

Vanguard Mega Cap Value ETF Stock Performance

The business’s fifty day simple moving average is $123.17 and its 200-day simple moving average is $119.52. The firm has a market capitalization of $7.91 billion, a PE ratio of 18.88 and a beta of 0.66.

Hedge Funds Weigh In On Vanguard Mega Cap Value ETF

Several large investors have recently modified their holdings of the stock. Aveo Capital Partners LLC boosted its position in Vanguard Mega Cap Value ETF by 7.1% during the 4th quarter. Aveo Capital Partners LLC now owns 7,324 shares of the company’s stock valued at $801,000 after acquiring an additional 484 shares in the last quarter. 9258 Wealth Management LLC boosted its holdings in Vanguard Mega Cap Value ETF by 7.0% during the fourth quarter. 9258 Wealth Management LLC now owns 100,770 shares of the company’s stock worth $11,021,000 after buying an additional 6,552 shares in the last quarter. Principal Securities Inc. purchased a new position in shares of Vanguard Mega Cap Value ETF in the 4th quarter valued at about $44,000. Financial Advocates Investment Management acquired a new position in shares of Vanguard Mega Cap Value ETF during the 4th quarter worth approximately $125,000. Finally, Level Four Advisory Services LLC lifted its holdings in Vanguard Mega Cap Value ETF by 54.0% during the fourth quarter. Level Four Advisory Services LLC now owns 7,080 shares of the company’s stock valued at $774,000 after purchasing an additional 2,484 shares in the last quarter.

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.