Geneos Wealth Management Inc. Has $251,000 Position in Vanguard Mega Cap Value ETF $MGV

Geneos Wealth Management Inc. lessened its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 78.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,729 shares of the company’s stock after selling 6,346 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $251,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Tucker Asset Management LLC acquired a new position in shares of Vanguard Mega Cap Value ETF during the fourth quarter valued at about $26,000. Ascentis Independent Advisors acquired a new stake in shares of Vanguard Mega Cap Value ETF in the 1st quarter worth about $26,000. Bay Harbor Wealth Management LLC bought a new position in Vanguard Mega Cap Value ETF in the 4th quarter valued at about $33,000. Key Financial Inc lifted its position in Vanguard Mega Cap Value ETF by 511.1% in the 4th quarter. Key Financial Inc now owns 275 shares of the company’s stock valued at $39,000 after acquiring an additional 230 shares in the last quarter. Finally, Financial Life Planners bought a new position in Vanguard Mega Cap Value ETF in the 1st quarter valued at about $40,000.

Vanguard Mega Cap Value ETF Stock Performance

MGV stock opened at $162.61 on Wednesday. The business has a 50-day simple moving average of $160.46 and a two-hundred day simple moving average of $152.84. The company has a market capitalization of $13.11 billion, a P/E ratio of 18.48 and a beta of 0.72. Vanguard Mega Cap Value ETF has a 52-week low of $128.84 and a 52-week high of $166.02.

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.