Ifrah Financial Services Inc. Trims Stock Position in Vanguard Mega Cap Value ETF $MGV

Ifrah Financial Services Inc. cut its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 0.5% in the second quarter, Holdings Channel.com reports. The fund owned 22,442 shares of the company’s stock after selling 121 shares during the quarter. Ifrah Financial Services Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $2,944,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Koshinski Asset Management Inc. lifted its position in Vanguard Mega Cap Value ETF by 4.6% in the second quarter. Koshinski Asset Management Inc. now owns 7,189 shares of the company’s stock valued at $943,000 after acquiring an additional 314 shares during the last quarter. Stratos Wealth Advisors LLC purchased a new stake in Vanguard Mega Cap Value ETF in the second quarter valued at $203,000. Private Trust Co. NA lifted its position in Vanguard Mega Cap Value ETF by 690.5% in the second quarter. Private Trust Co. NA now owns 1,660 shares of the company’s stock valued at $218,000 after acquiring an additional 1,450 shares during the last quarter. Harbor Asset Planning Inc. purchased a new stake in Vanguard Mega Cap Value ETF in the second quarter valued at $37,000. Finally, Turtle Creek Wealth Advisors LLC purchased a new stake in Vanguard Mega Cap Value ETF in the second quarter valued at $535,000.

Vanguard Mega Cap Value ETF Price Performance

Shares of MGV opened at $137.44 on Friday. Vanguard Mega Cap Value ETF has a 1-year low of $112.25 and a 1-year high of $139.07. The stock has a market cap of $10.21 billion, a PE ratio of 18.48 and a beta of 0.86. The firm has a fifty day moving average price of $135.83 and a 200 day moving average price of $130.17.

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.