Alpha Cubed Investments LLC Trims Stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Alpha Cubed Investments LLC cut its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 1.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 28,910 shares of the company’s stock after selling 362 shares during the period. Alpha Cubed Investments LLC owned about 0.05% of Vanguard Mega Cap Value ETF worth $3,162,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in the company. Life Planning Partners Inc bought a new stake in shares of Vanguard Mega Cap Value ETF in the fourth quarter valued at about $25,000. Chilton Capital Management LLC bought a new stake in shares of Vanguard Mega Cap Value ETF in the 4th quarter valued at about $26,000. First Command Advisory Services Inc. bought a new stake in shares of Vanguard Mega Cap Value ETF in the 3rd quarter valued at about $81,000. Huntington National Bank purchased a new stake in shares of Vanguard Mega Cap Value ETF in the 3rd quarter worth approximately $90,000. Finally, Aspire Wealth Management Corp boosted its stake in shares of Vanguard Mega Cap Value ETF by 11.7% during the third quarter. Aspire Wealth Management Corp now owns 1,154 shares of the company’s stock valued at $117,000 after purchasing an additional 121 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Down 1.2 %

MGV stock traded down $1.45 during trading on Tuesday, hitting $115.09. 256,277 shares of the company’s stock traded hands, compared to its average volume of 178,326. The business has a fifty day simple moving average of $116.25 and a two-hundred day simple moving average of $110.01. The firm has a market capitalization of $7.06 billion, a P/E ratio of 18.51 and a beta of 0.68. Vanguard Mega Cap Value ETF has a 1 year low of $96.77 and a 1 year high of $119.69.

Vanguard Mega Cap Value ETF Company 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.