Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. cut its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 18.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 110,185 shares of the company’s stock after selling 25,234 shares during the period. JPMorgan Chase & Co. owned 0.18% of Vanguard Mega Cap Value ETF worth $14,135,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Assetmark Inc. grew its position in Vanguard Mega Cap Value ETF by 4.1% during the third quarter. Assetmark Inc. now owns 13,969,433 shares of the company’s stock valued at $1,791,999,000 after acquiring an additional 548,728 shares during the period. World Investment Advisors LLC purchased a new stake in shares of Vanguard Mega Cap Value ETF during the 3rd quarter worth about $59,884,000. Redhawk Wealth Advisors Inc. acquired a new stake in Vanguard Mega Cap Value ETF during the 3rd quarter worth approximately $25,554,000. Brophy Wealth Management LLC purchased a new position in Vanguard Mega Cap Value ETF in the third quarter valued at approximately $16,744,000. Finally, MFA Wealth Advisors LLC purchased a new position in Vanguard Mega Cap Value ETF in the third quarter valued at approximately $13,336,000.

Vanguard Mega Cap Value ETF Stock Down 1.5 %

MGV opened at $123.61 on Friday. The company has a 50 day moving average of $128.64 and a two-hundred day moving average of $126.03. Vanguard Mega Cap Value ETF has a 52-week low of $107.85 and a 52-week high of $133.82. The company has a market cap of $7.66 billion, a P/E ratio of 18.88 and a beta of 0.66.

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.