Simplicity Wealth LLC Purchases Shares of 17,244 Vanguard Mega Cap Value ETF $MGV

Simplicity Wealth LLC acquired a new position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the second quarter, HoldingsChannel reports. The institutional investor acquired 17,244 shares of the company’s stock, valued at approximately $2,262,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Proathlete Wealth Management LLC bought a new stake in Vanguard Mega Cap Value ETF in the second quarter valued at $25,000. North Capital Inc. bought a new stake in Vanguard Mega Cap Value ETF during the 1st quarter valued at approximately $27,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of Vanguard Mega Cap Value ETF during the first quarter valued at approximately $28,000. N.E.W. Advisory Services LLC bought a new position in Vanguard Mega Cap Value ETF in the first quarter worth $35,000. Finally, Redmont Wealth Advisors LLC bought a new position in Vanguard Mega Cap Value ETF in the first quarter worth $38,000.

Vanguard Mega Cap Value ETF Trading Up 0.5%

Shares of MGV stock opened at $138.40 on Monday. Vanguard Mega Cap Value ETF has a 12 month low of $112.25 and a 12 month high of $139.07. The stock has a market cap of $10.20 billion, a PE ratio of 18.48 and a beta of 0.86. The company’s fifty day moving average price is $134.58 and its 200-day moving average price is $129.60.

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.