Vanguard Mega Cap ETF (NYSEARCA:MGC) Sees Unusually-High Trading Volume

Vanguard Mega Cap ETF (NYSEARCA:MGC) shares saw unusually-strong trading volume on Thursday . Approximately 60,496 shares were traded during mid-day trading, a decline of 27% from the previous session’s volume of 83,258 shares.The stock last traded at $179.61 and had previously closed at $179.41.

Vanguard Mega Cap ETF Stock Down 1.1 %

The stock has a market cap of $5.10 billion, a P/E ratio of 27.80 and a beta of 1.01. The company’s 50 day moving average price is $183.09 and its 200-day moving average price is $170.35.

Institutional Investors Weigh In On Vanguard Mega Cap ETF

A number of institutional investors have recently made changes to their positions in MGC. Key Financial Inc bought a new position in Vanguard Mega Cap ETF during the fourth quarter worth $29,000. Voisard Asset Management Group Inc. acquired a new position in shares of Vanguard Mega Cap ETF in the 4th quarter valued at about $30,000. Cornerstone Planning Group LLC bought a new stake in shares of Vanguard Mega Cap ETF during the 2nd quarter valued at about $30,000. Ameritas Investment Partners Inc. acquired a new stake in Vanguard Mega Cap ETF during the second quarter worth approximately $31,000. Finally, Future Financial Wealth Managment LLC bought a new stake in Vanguard Mega Cap ETF in the first quarter worth approximately $37,000.

Vanguard Mega Cap ETF Company Profile

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.