21,351 Shares in Vanguard Mega Cap Value ETF $MGV Purchased by Ifrah Financial Services Inc.

Ifrah Financial Services Inc. bought a new stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the third quarter, Holdings Channel reports. The institutional investor bought 21,351 shares of the company’s stock, valued at approximately $3,439,000.

Other institutional investors have also modified their holdings of the company. Heffernan Advisory Inc. acquired a new stake in Vanguard Mega Cap Value ETF during the 3rd quarter worth $227,000. Freestate Advisors LLC purchased a new position in Vanguard Mega Cap Value ETF during the 3rd quarter worth $1,682,000. Breakwater Capital Group grew its position in Vanguard Mega Cap Value ETF by 3.6% during the 3rd quarter. Breakwater Capital Group now owns 164,589 shares of the company’s stock worth $26,514,000 after purchasing an additional 5,722 shares during the last quarter. Farther Finance Advisors LLC increased its stake in Vanguard Mega Cap Value ETF by 6.0% in the third quarter. Farther Finance Advisors LLC now owns 13,645 shares of the company’s stock valued at $2,198,000 after purchasing an additional 767 shares during the period. Finally, CoreCap Advisors LLC increased its stake in Vanguard Mega Cap Value ETF by 10.2% in the third quarter. CoreCap Advisors LLC now owns 12,538 shares of the company’s stock valued at $2,020,000 after purchasing an additional 1,165 shares during the period.

Vanguard Mega Cap Value ETF Stock Performance

NYSEARCA MGV opened at $163.48 on Wednesday. The firm’s fifty day moving average is $165.75 and its two-hundred day moving average is $160.05. Vanguard Mega Cap Value ETF has a one year low of $135.48 and a one year high of $169.84. The firm has a market cap of $13.68 billion, a PE ratio of 18.48 and a beta of 0.72.

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