Apollon Wealth Management LLC Invests $211,000 in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Apollon Wealth Management LLC bought a new stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,686 shares of the company’s stock, valued at approximately $211,000.

A number of other institutional investors have also bought and sold shares of MGV. Assetmark Inc. grew its stake 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 in the last quarter. PNC Financial Services Group Inc. grew its position in shares of Vanguard Mega Cap Value ETF by 0.9% during the third quarter. PNC Financial Services Group Inc. now owns 1,260,757 shares of the company’s stock valued at $161,730,000 after purchasing an additional 11,338 shares in the last quarter. Black Diamond Financial LLC grew its position in shares of Vanguard Mega Cap Value ETF by 11.9% during the third quarter. Black Diamond Financial LLC now owns 690,138 shares of the company’s stock valued at $88,537,000 after purchasing an additional 73,246 shares in the last quarter. Sequoia Financial Advisors LLC lifted its position in shares of Vanguard Mega Cap Value ETF by 1.6% in the third quarter. Sequoia Financial Advisors LLC now owns 646,158 shares of the company’s stock worth $82,889,000 after buying an additional 10,362 shares in the last quarter. Finally, Merit Financial Group LLC lifted its position in shares of Vanguard Mega Cap Value ETF by 7.8% in the fourth quarter. Merit Financial Group LLC now owns 582,474 shares of the company’s stock worth $72,757,000 after buying an additional 42,119 shares in the last quarter.

Vanguard Mega Cap Value ETF Price Performance

NYSEARCA MGV opened at $131.63 on Friday. The stock has a market capitalization of $8.16 billion, a PE ratio of 18.88 and a beta of 0.66. Vanguard Mega Cap Value ETF has a 1-year low of $112.06 and a 1-year high of $133.82. The business has a 50 day simple moving average of $128.12 and a two-hundred day simple moving average of $127.64.

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.