Redhawk Wealth Advisors Inc. Sells 197,509 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Redhawk Wealth Advisors Inc. lowered its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 99.1% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,697 shares of the company’s stock after selling 197,509 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $212,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in the stock. Massmutual Trust Co. FSB ADV bought a new position in shares of Vanguard Mega Cap Value ETF during the 3rd quarter valued at approximately $36,000. CENTRAL TRUST Co purchased a new position in Vanguard Mega Cap Value ETF in the third quarter valued at approximately $40,000. Angeles Wealth Management LLC bought a new position in Vanguard Mega Cap Value ETF during the third quarter valued at $46,000. WFA Asset Management Corp increased its position in Vanguard Mega Cap Value ETF by 93.5% in the third quarter. WFA Asset Management Corp now owns 474 shares of the company’s stock worth $61,000 after buying an additional 229 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. raised its stake 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 buying an additional 225 shares during the period.

Vanguard Mega Cap Value ETF Stock Performance

MGV stock opened at $127.81 on Friday. The stock has a fifty day moving average of $128.49 and a 200-day moving average of $126.19. Vanguard Mega Cap Value ETF has a fifty-two week low of $107.85 and a fifty-two week high of $133.82. The company has a market capitalization of $7.92 billion, a price-to-earnings ratio of 18.88 and a beta of 0.66.

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.