JPMorgan Chase & Co. Increases Stock Position in Vanguard Materials ETF (NYSEARCA:VAW)

JPMorgan Chase & Co. increased its position in Vanguard Materials ETF (NYSEARCA:VAW) by 7.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 58,631 shares of the company’s stock after buying an additional 4,308 shares during the quarter. JPMorgan Chase & Co. owned about 0.40% of Vanguard Materials ETF worth $12,399,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VAW. Ashton Thomas Securities LLC purchased a new position in shares of Vanguard Materials ETF in the 3rd quarter valued at $25,000. Darwin Wealth Management LLC acquired a new stake in Vanguard Materials ETF in the 3rd quarter valued at $31,000. Wilmington Savings Fund Society FSB purchased a new position in Vanguard Materials ETF in the third quarter valued at about $60,000. McClarren Financial Advisors Inc. lifted its stake in shares of Vanguard Materials ETF by 100.0% during the third quarter. McClarren Financial Advisors Inc. now owns 384 shares of the company’s stock worth $81,000 after purchasing an additional 192 shares in the last quarter. Finally, Coastline Trust Co purchased a new stake in shares of Vanguard Materials ETF in the third quarter worth about $90,000.

Vanguard Materials ETF Stock Performance

VAW stock opened at $185.71 on Friday. The firm has a market cap of $2.75 billion, a P/E ratio of 15.20 and a beta of 0.98. Vanguard Materials ETF has a 1 year low of $179.00 and a 1 year high of $215.82. The stock has a 50-day simple moving average of $200.55 and a 200-day simple moving average of $201.71.

Vanguard Materials ETF Profile

Vanguard Materials ETF seeks to track the investment performance of the MSCI US Investable Market Materials 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the materials sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies in a wide range of commodity-related manufacturing industries.