ZEGA Investments LLC Makes New Investment in Vanguard Mega Cap ETF (NYSEARCA:MGC)

ZEGA Investments LLC purchased a new stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 1,365 shares of the company’s stock, valued at approximately $301,000.

Other institutional investors have also modified their holdings of the company. Nwam LLC purchased a new stake in Vanguard Mega Cap ETF during the third quarter worth $205,000. Optivise Advisory Services LLC purchased a new stake in shares of Vanguard Mega Cap ETF in the 3rd quarter worth about $2,634,000. Larson Financial Group LLC grew its stake in Vanguard Mega Cap ETF by 12.6% in the 3rd quarter. Larson Financial Group LLC now owns 474 shares of the company’s stock valued at $98,000 after acquiring an additional 53 shares during the last quarter. FMR LLC increased its holdings in Vanguard Mega Cap ETF by 3.5% during the 3rd quarter. FMR LLC now owns 22,727 shares of the company’s stock valued at $4,696,000 after acquiring an additional 764 shares in the last quarter. Finally, Avestar Capital LLC raised its position in Vanguard Mega Cap ETF by 7.6% during the third quarter. Avestar Capital LLC now owns 4,231 shares of the company’s stock worth $874,000 after acquiring an additional 299 shares during the last quarter.

Vanguard Mega Cap ETF Price Performance

MGC stock opened at $204.45 on Friday. The company’s 50 day simple moving average is $214.09 and its 200-day simple moving average is $211.76. Vanguard Mega Cap ETF has a 12 month low of $176.66 and a 12 month high of $222.75. The firm has a market capitalization of $6.29 billion, a PE ratio of 26.29 and a beta of 1.01.

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.