PNC Financial Services Group Inc. Has $158.20 Million Stock Holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

PNC Financial Services Group Inc. increased its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 0.5% in the 4th quarter, HoldingsChannel reports. The firm owned 1,266,543 shares of the company’s stock after acquiring an additional 5,786 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $158,204,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Assetmark Inc. raised its position in shares of Vanguard Mega Cap Value ETF by 2.6% in the 4th quarter. Assetmark Inc. now owns 14,337,204 shares of the company’s stock valued at $1,790,860,000 after buying an additional 367,771 shares in the last quarter. Black Diamond Financial LLC raised its position in Vanguard Mega Cap Value ETF by 1.6% during the fourth quarter. Black Diamond Financial LLC now owns 701,296 shares of the company’s stock valued at $87,599,000 after purchasing an additional 11,158 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Vanguard Mega Cap Value ETF during the fourth quarter worth $84,153,000. Merit Financial Group LLC boosted its holdings in shares of Vanguard Mega Cap Value ETF by 7.8% in the 4th quarter. Merit Financial Group LLC now owns 582,474 shares of the company’s stock valued at $72,757,000 after purchasing an additional 42,119 shares in the last quarter. Finally, World Investment Advisors LLC bought a new position in shares of Vanguard Mega Cap Value ETF in the 3rd quarter valued at $59,884,000.

Vanguard Mega Cap Value ETF Stock Up 0.9 %

Shares of MGV stock opened at $129.91 on Friday. The stock’s fifty day simple moving average is $129.31 and its 200 day simple moving average is $128.68. The firm has a market capitalization of $8.72 billion, a P/E ratio of 20.60 and a beta of 0.86. Vanguard Mega Cap Value ETF has a twelve month low of $113.36 and a twelve month high of $133.82.

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.