Leavell Investment Management Inc. Grows Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Leavell Investment Management Inc. increased its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 4.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 135,705 shares of the company’s stock after purchasing an additional 5,689 shares during the quarter. Vanguard Mega Cap Value ETF makes up about 0.9% of Leavell Investment Management Inc.’s holdings, making the stock its 21st biggest position. Leavell Investment Management Inc. owned approximately 0.22% of Vanguard Mega Cap Value ETF worth $17,408,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new position in Vanguard Mega Cap Value ETF during the second quarter valued at $30,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Vanguard Mega Cap Value ETF in the 2nd quarter valued at about $34,000. Redmont Wealth Advisors LLC bought a new stake in Vanguard Mega Cap Value ETF in the 2nd quarter valued at about $35,000. Massmutual Trust Co. FSB ADV purchased a new stake in Vanguard Mega Cap Value ETF during the third quarter valued at about $36,000. Finally, CENTRAL TRUST Co purchased a new position in shares of Vanguard Mega Cap Value ETF in the third quarter worth about $40,000.

Vanguard Mega Cap Value ETF Trading Up 0.6 %

Shares of MGV stock traded up $0.81 during trading on Friday, reaching $131.50. 35,651 shares of the company’s stock traded hands, compared to its average volume of 180,513. The firm’s 50-day moving average is $127.72 and its 200 day moving average is $122.52. The company has a market capitalization of $8.15 billion, a P/E ratio of 18.88 and a beta of 0.66. Vanguard Mega Cap Value ETF has a 1 year low of $100.14 and a 1 year high of $131.68.

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.