Geneos Wealth Management Inc. Has $163,000 Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Geneos Wealth Management Inc. raised its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 64.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,306 shares of the company’s stock after purchasing an additional 514 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $163,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MGV. Massmutual Trust Co. FSB ADV acquired a new stake in shares of Vanguard Mega Cap Value ETF during the 3rd quarter worth about $36,000. CENTRAL TRUST Co bought a new position in Vanguard Mega Cap Value ETF in the 3rd quarter valued at about $40,000. Angeles Wealth Management LLC acquired a new stake in Vanguard Mega Cap Value ETF during the third quarter worth approximately $46,000. WFA Asset Management Corp boosted its holdings in shares of Vanguard Mega Cap Value ETF by 93.5% during the third quarter. WFA Asset Management Corp now owns 474 shares of the company’s stock worth $61,000 after acquiring an additional 229 shares during the period. Finally, Concourse Financial Group Securities Inc. grew its position in shares of Vanguard Mega Cap Value ETF by 65.2% in the third quarter. Concourse Financial Group Securities Inc. now owns 570 shares of the company’s stock valued at $73,000 after purchasing an additional 225 shares during the last quarter.

Vanguard Mega Cap Value ETF Trading Up 1.0 %

NYSEARCA:MGV opened at $131.45 on Friday. The stock has a 50 day simple moving average of $128.38 and a 200 day simple moving average of $126.94. The stock has a market cap 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 $110.66 and a 1-year high of $133.82.

Vanguard Mega Cap Value ETF 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.