MGV Stock Summary and Trading Ideas (Vanguard Mega Cap Value ETF | ARCA:MGV)

Seeks to track the performance of the CRSP U.S. Mega Cap Value Index. Employs a passively managed full-replication approach. Provides a convenient way to get diversified exposure to the largest value stocks in the U.S. market.

Vanguard Mega Cap Value ETF trades on the ARCA stock market under the symbol MGV.

As of April 18, 2024, MGV stock price climbed to $113.74 with 270,977 million shares trading.

MGV has a beta of 0.79, meaning it tends to be less sensitive to market movements. MGV has a correlation of 0.69 to the broad based SPY ETF.

MGV has a market cap of $7.01 billion. This is considered a Mid Cap stock.

In the last 3 years, MGV stock traded as high as $119.69 and as low as $89.38.

MGV has underperformed the market in the last year with a price return of +12.6% while the SPY ETF gained +22.3%. MGV has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +5.6% and -3.9%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

MGV support price is $112.76 and resistance is $114.46 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MGV stock will trade within this expected range on the day.