SRS Capital Advisors Inc. Takes Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

SRS Capital Advisors Inc. purchased a new stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 75,862 shares of the company’s stock, valued at approximately $9,476,000. SRS Capital Advisors Inc. owned about 0.12% of Vanguard Mega Cap Value ETF as of its most recent filing with the SEC.

A number of other hedge funds have also added to or reduced their stakes in MGV. Financial Life Planners acquired a new position in Vanguard Mega Cap Value ETF during the 4th quarter valued at about $34,000. Angeles Wealth Management LLC acquired a new position in Vanguard Mega Cap Value ETF during the 3rd quarter valued at about $46,000. Tanglewood Legacy Advisors LLC acquired a new position in Vanguard Mega Cap Value ETF during the 4th quarter valued at about $54,000. WFA Asset Management Corp boosted its stake in Vanguard Mega Cap Value ETF by 93.5% during the 3rd quarter. WFA Asset Management Corp now owns 474 shares of the company’s stock valued at $61,000 after purchasing an additional 229 shares during the last quarter. Finally, Planning Capital Management Corp acquired a new position in Vanguard Mega Cap Value ETF during the 3rd quarter valued at about $85,000.

Vanguard Mega Cap Value ETF Stock Performance

MGV stock opened at $132.54 on Friday. The company has a market capitalization of $8.90 billion, a P/E ratio of 20.60 and a beta of 0.86. Vanguard Mega Cap Value ETF has a 52-week low of $113.36 and a 52-week high of $133.82. The business has a 50-day simple moving average of $128.95 and a two-hundred day simple moving average of $128.46.

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.