JPMorgan Chase & Co. Purchases 182,729 Shares of Vanguard Mega Cap ETF $MGC

JPMorgan Chase & Co. lifted its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 67.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 455,404 shares of the company’s stock after acquiring an additional 182,729 shares during the quarter. JPMorgan Chase & Co. owned 1.30% of Vanguard Mega Cap ETF worth $111,160,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. Kilter Group LLC purchased a new position in Vanguard Mega Cap ETF during the second quarter valued at approximately $26,000. Collier Financial purchased a new position in shares of Vanguard Mega Cap ETF in the 3rd quarter valued at $37,000. Howe & Rusling Inc. bought a new position in shares of Vanguard Mega Cap ETF in the 3rd quarter worth $60,000. Bfsg LLC lifted its stake in shares of Vanguard Mega Cap ETF by 1,165.0% during the 3rd quarter. Bfsg LLC now owns 253 shares of the company’s stock worth $62,000 after purchasing an additional 233 shares during the last quarter. Finally, Bank of Montreal Can lifted its stake in shares of Vanguard Mega Cap ETF by 110.8% during the 2nd quarter. Bank of Montreal Can now owns 333 shares of the company’s stock worth $75,000 after purchasing an additional 175 shares during the last quarter.

Vanguard Mega Cap ETF Price Performance

MGC opened at $250.60 on Monday. The firm has a market capitalization of $9.83 billion, a PE ratio of 26.06 and a beta of 1.01. The business’s 50-day moving average is $251.81 and its two-hundred day moving average is $246.49. Vanguard Mega Cap ETF has a 1 year low of $173.32 and a 1 year high of $255.75.

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.