ARQ Wealth Advisors LLC Sells 1,224 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

ARQ Wealth Advisors LLC decreased its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 1.4% during the 1st quarter, HoldingsChannel reports. The firm owned 86,568 shares of the company’s stock after selling 1,224 shares during the period. Vanguard Mega Cap Value ETF comprises 4.1% of ARQ Wealth Advisors LLC’s holdings, making the stock its 2nd largest position. ARQ Wealth Advisors LLC’s holdings in Vanguard Mega Cap Value ETF were worth $11,153,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. North Capital Inc. bought a new position in Vanguard Mega Cap Value ETF in the 1st quarter worth about $27,000. Ameriflex Group Inc. bought a new stake in Vanguard Mega Cap Value ETF during the 4th quarter valued at $29,000. Redmont Wealth Advisors LLC acquired a new position in Vanguard Mega Cap Value ETF during the 1st quarter worth $38,000. Allianz SE bought a new position in shares of Vanguard Mega Cap Value ETF in the fourth quarter worth $38,000. Finally, Coppell Advisory Solutions LLC increased its holdings in shares of Vanguard Mega Cap Value ETF by 316.5% during the fourth quarter. Coppell Advisory Solutions LLC now owns 329 shares of the company’s stock valued at $41,000 after purchasing an additional 250 shares during the period.

Vanguard Mega Cap Value ETF Stock Down 0.3%

Shares of NYSEARCA MGV opened at $131.55 on Friday. The firm’s 50-day simple moving average is $129.15 and its 200 day simple moving average is $127.63. The stock has a market cap of $9.56 billion, a P/E ratio of 18.48 and a beta of 0.86. Vanguard Mega Cap Value ETF has a fifty-two week low of $112.25 and a fifty-two week high of $133.82.

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.