Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Sees Large Volume Increase

Vanguard Mega Cap Value ETF (NYSEARCA:MGV) saw unusually-strong trading volume on Tuesday . Approximately 205,240 shares changed hands during mid-day trading, an increase of 17% from the previous session’s volume of 175,818 shares.The stock last traded at $121.99 and had previously closed at $121.67.

Vanguard Mega Cap Value ETF Price Performance

The company has a market capitalization of $7.61 billion, a PE ratio of 18.88 and a beta of 0.66. The company has a 50 day moving average of $118.78 and a two-hundred day moving average of $115.69.

Institutional Investors Weigh In On Vanguard Mega Cap Value ETF

Institutional investors have recently modified their holdings of the stock. Life Planning Partners Inc purchased a new stake in shares of Vanguard Mega Cap Value ETF in the fourth quarter worth $25,000. Chilton Capital Management LLC purchased a new stake in shares of Vanguard Mega Cap Value ETF in the fourth quarter worth $26,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Vanguard Mega Cap Value ETF in the second quarter worth $34,000. Redmont Wealth Advisors LLC bought a new position in shares of Vanguard Mega Cap Value ETF during the second quarter valued at $35,000. Finally, Principal Securities Inc. bought a new position in shares of Vanguard Mega Cap Value ETF during the fourth quarter valued at $44,000.

About Vanguard Mega Cap Value ETF

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.