Horizon Investment Services LLC Sells 969 Shares of Vanguard Mega Cap Value ETF $MGV

Horizon Investment Services LLC lowered its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 5.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,359 shares of the company’s stock after selling 969 shares during the period. Horizon Investment Services LLC’s holdings in Vanguard Mega Cap Value ETF were worth $2,015,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MGV. Proathlete Wealth Management LLC purchased a new stake in Vanguard Mega Cap Value ETF in the 2nd quarter valued at about $25,000. NorthRock Partners LLC grew its holdings in shares of Vanguard Mega Cap Value ETF by 100.0% in the second quarter. NorthRock Partners LLC now owns 188 shares of the company’s stock valued at $25,000 after acquiring an additional 94 shares in the last quarter. Strategic Investment Solutions Inc. IL bought a new position in shares of Vanguard Mega Cap Value ETF in the first quarter valued at approximately $28,000. WFA Asset Management Corp purchased a new stake in shares of Vanguard Mega Cap Value ETF during the second quarter valued at approximately $32,000. Finally, N.E.W. Advisory Services LLC bought a new stake in Vanguard Mega Cap Value ETF during the first quarter worth $35,000.

Vanguard Mega Cap Value ETF Trading Down 0.0%

MGV stock opened at $136.83 on Friday. The stock has a market cap of $10.17 billion, a P/E ratio of 18.48 and a beta of 0.80. Vanguard Mega Cap Value ETF has a 1-year low of $112.25 and a 1-year high of $139.65. The stock’s fifty day simple moving average is $137.02 and its two-hundred day simple moving average is $131.93.

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.