5 Best Value ETFs To Invest In

1. Vanguard Mega Cap Value Index Fund (NYSE:MGV)

Vanguard Mega Cap Value Index Fund (NYSE:MGV) is a fund that tracks the performance of the CRSP US Mega Cap Value Index. The index is a float-adjusted, market-capitalization-weighted index designed to measure the equity market performance of mega-capitalization value stocks in the United States. The fund holds each stock in almost the same proportion as the weighting of the stock on the index.

One of the biggest holdings of Vanguard Mega Cap Value Index Fund (NYSE:MGV) is UnitedHealth Group Incorporated (NYSE:UNH), a Minnesota-based managed healthcare and insurance company that offers healthcare products and insurance services to consumers. On June 16, Loop Capital analyst Joseph France initiated coverage of UnitedHealth Group Incorporated (NYSE:UNH) with a Buy rating and $575 price target. The analyst said UnitedHealth Group Incorporated (NYSE:UNH) is one of the best-positioned managed care names, with leading positions in commercial and government benefits markets. France added that he believes the company’s scale, industry leadership and innovative technology and practices constitute “major” competitive advantages.

As per Insider Monkey’s Q1 2022 data, UnitedHealth Group Incorporated (NYSE:UNH) was a popular stock among elite funds, as 103 hedge funds owned stakes in the company, up from 96 in the previous quarter. The collective value of these stakes is nearly $13 billion. With 3 million shares worth $1.48 billion, Eagle Capital Management was the company’s largest stakeholder in Q1.

Baron Funds mentioned UnitedHealth Group Incorporated (NYSE:UNH) in its Q1 2022 investor letter. Here is what the firm has to say:

“UnitedHealth Group Incorporated is a leading diversified health and well- being company whose divisions include insurance arm United Healthcare and Optum, which offers care delivery and other services. Shares increased on a fourth quarter beat and a reaffirmation of what is likely conservative guidance for 2022. We believe UnitedHealth leads the health care industry in innovation and execution, as evidenced by its strong value proposition leading to Medicare Advantage share gains, strong cost controls, and its leadership position in the shift to value-based care.”

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