Vanguard Mega Cap Value ETF (NYSEARCA:MGV – Get Free Report) was the target of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 87,970 shares, a decrease of 59.0% from the June 30th total of 214,586 shares. Based on an average daily trading volume, of 270,449 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in MGV. Kentucky Trust Co acquired a new stake in shares of Vanguard Mega Cap Value ETF in the 2nd quarter valued at approximately $29,000. Ascentis Independent Advisors acquired a new position in Vanguard Mega Cap Value ETF during the 1st quarter worth approximately $26,000. Tucker Asset Management LLC acquired a new position in Vanguard Mega Cap Value ETF during the 4th quarter worth approximately $26,000. Bay Harbor Wealth Management LLC bought a new position in Vanguard Mega Cap Value ETF in the 4th quarter valued at approximately $33,000. Finally, Key Financial Inc lifted its stake in Vanguard Mega Cap Value ETF by 511.1% in the 4th quarter. Key Financial Inc now owns 275 shares of the company’s stock valued at $39,000 after purchasing an additional 230 shares during the last quarter.
Vanguard Mega Cap Value ETF Price Performance
NYSEARCA:MGV opened at $164.21 on Monday. Vanguard Mega Cap Value ETF has a twelve month low of $128.84 and a twelve month high of $166.02. The stock’s 50-day simple moving average is $160.98 and its 200 day simple moving average is $153.29. The firm has a market capitalization of $13.24 billion, a PE ratio of 18.48 and a beta of 0.72.
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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.
Featured Stories
- Five stocks we like better than Vanguard Mega Cap Value ETF
- RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade?
- These 4 Earnings Reports Expose the Market’s Growing Economic Divide
- Broadcom May Be the Biggest Winner From Alphabet’s Earnings
- Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit
Receive News & Ratings for Vanguard Mega Cap Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Mega Cap Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
