EverSource Wealth Advisors LLC Sells 1,379 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

EverSource Wealth Advisors LLC lowered its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 3.4% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 39,579 shares of the company’s stock after selling 1,379 shares during the quarter. EverSource Wealth Advisors LLC owned 0.06% of Vanguard Mega Cap Value ETF worth $4,555,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Principal Securities Inc. bought a new stake in shares of Vanguard Mega Cap Value ETF in the 4th quarter worth approximately $44,000. Northwest Financial Advisors purchased a new position in Vanguard Mega Cap Value ETF in the 4th quarter valued at approximately $46,000. Bare Financial Services Inc purchased a new position in Vanguard Mega Cap Value ETF in the 4th quarter valued at approximately $51,000. Heritage Wealth Advisors purchased a new position in Vanguard Mega Cap Value ETF in the 4th quarter valued at approximately $125,000. Finally, Financial Advocates Investment Management purchased a new position in Vanguard Mega Cap Value ETF in the 4th quarter valued at approximately $125,000.

Vanguard Mega Cap Value ETF Stock Performance

Vanguard Mega Cap Value ETF stock traded down $1.78 during mid-day trading on Friday, reaching $120.75. The company’s stock had a trading volume of 249,826 shares, compared to its average volume of 180,303. Vanguard Mega Cap Value ETF has a 12-month low of $96.77 and a 12-month high of $124.57. The company has a market capitalization of $7.48 billion, a P/E ratio of 18.88 and a beta of 0.66. The firm’s fifty day moving average price is $119.79 and its two-hundred day moving average price is $116.85.

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.