Midwest Capital Advisors LLC Purchases New Stake in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Midwest Capital Advisors LLC purchased a new stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 3,581 shares of the company’s stock, valued at approximately $762,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Golden State Wealth Management LLC acquired a new position in Vanguard Mega Cap ETF in the fourth quarter valued at about $29,000. Decker Retirement Planning Inc. bought a new position in Vanguard Mega Cap ETF in the fourth quarter valued at about $30,000. Ashton Thomas Securities LLC bought a new position in Vanguard Mega Cap ETF in the third quarter valued at about $33,000. Key Financial Inc bought a new position in Vanguard Mega Cap ETF in the fourth quarter valued at about $40,000. Finally, Tsfg LLC bought a new position in Vanguard Mega Cap ETF in the fourth quarter valued at about $42,000.

Vanguard Mega Cap ETF Stock Down 1.8 %

Vanguard Mega Cap ETF stock opened at $217.85 on Monday. Vanguard Mega Cap ETF has a 12-month low of $176.66 and a 12-month high of $222.75. The business’s 50-day moving average price is $217.19 and its two-hundred day moving average price is $210.79. The stock has a market cap of $6.28 billion, a PE ratio of 26.93 and a beta of 1.02.

About Vanguard Mega Cap ETF

The Vanguard Mega Cap ETF (MGC) is an exchange-traded fund that is based on the CRSP US Mega Cap index, a market-cap-weighted index that covers 70% of the market capitalization of the US equity market. MGC was launched on Dec 24, 2007 and is managed by Vanguard.