JPMorgan Chase & Co. Grows Stock Position in Vanguard Mega Cap Value ETF $MGV

JPMorgan Chase & Co. raised its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 8.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 554,007 shares of the company’s stock after acquiring an additional 43,956 shares during the quarter. JPMorgan Chase & Co. owned 0.75% of Vanguard Mega Cap Value ETF worth $76,309,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Focus Partners Wealth grew its holdings in Vanguard Mega Cap Value ETF by 18.2% during the 1st quarter. Focus Partners Wealth now owns 10,769 shares of the company’s stock valued at $1,387,000 after purchasing an additional 1,662 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new position in Vanguard Mega Cap Value ETF in the 2nd quarter worth $758,000. Milestone Asset Management Group LLC boosted its position in Vanguard Mega Cap Value ETF by 4.3% in the 2nd quarter. Milestone Asset Management Group LLC now owns 23,869 shares of the company’s stock valued at $3,132,000 after buying an additional 982 shares during the last quarter. WNY Asset Management LLC grew its stake in shares of Vanguard Mega Cap Value ETF by 1.5% during the second quarter. WNY Asset Management LLC now owns 48,616 shares of the company’s stock valued at $6,378,000 after acquiring an additional 704 shares in the last quarter. Finally, Assetmark Inc. grew its stake in shares of Vanguard Mega Cap Value ETF by 2.6% during the second quarter. Assetmark Inc. now owns 15,182,180 shares of the company’s stock valued at $1,991,902,000 after acquiring an additional 377,584 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

Shares of NYSEARCA MGV opened at $152.34 on Wednesday. Vanguard Mega Cap Value ETF has a 1 year low of $112.25 and a 1 year high of $154.03. The stock’s 50-day simple moving average is $146.97 and its 200-day simple moving average is $140.66. The firm has a market cap of $11.59 billion, a price-to-earnings ratio of 18.48 and a beta of 0.80.

Vanguard Mega Cap Value ETF 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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.