CoreCap Advisors LLC Has $1.63 Million Stock Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

CoreCap Advisors LLC boosted its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 4.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 7,681 shares of the company’s stock after buying an additional 310 shares during the period. CoreCap Advisors LLC’s holdings in Vanguard Mega Cap ETF were worth $1,633,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Golden State Wealth Management LLC acquired a new stake in Vanguard Mega Cap ETF during the fourth quarter worth about $29,000. Decker Retirement Planning Inc. bought a new stake in shares of Vanguard Mega Cap ETF during the 4th quarter worth approximately $30,000. SBI Securities Co. Ltd. acquired a new stake in shares of Vanguard Mega Cap ETF during the 4th quarter worth approximately $31,000. Key Financial Inc bought a new position in Vanguard Mega Cap ETF in the fourth quarter valued at approximately $40,000. Finally, Tsfg LLC bought a new position in Vanguard Mega Cap ETF in the fourth quarter valued at approximately $42,000.

Vanguard Mega Cap ETF Stock Performance

Shares of MGC opened at $203.99 on Friday. Vanguard Mega Cap ETF has a 52-week low of $173.32 and a 52-week high of $222.75. The firm has a market cap of $6.27 billion, a price-to-earnings ratio of 24.77 and a beta of 1.02. The business’s fifty day moving average is $198.62 and its 200-day moving average is $209.70.

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.