Two Sigma Investments LP Takes Position in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Two Sigma Investments LP purchased a new stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) in the 4th quarter, Holdings Channel reports. The fund purchased 54,800 shares of the company’s stock, valued at approximately $11,654,000.

A number of other hedge funds also recently added to or reduced their stakes in MGC. Golden State Wealth Management LLC purchased a new stake in Vanguard Mega Cap ETF during the 4th quarter valued at $29,000. SBI Securities Co. Ltd. bought a new position in shares of Vanguard Mega Cap ETF during the fourth quarter valued at $31,000. Key Financial Inc purchased a new stake in shares of Vanguard Mega Cap ETF during the fourth quarter valued at $40,000. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Vanguard Mega Cap ETF during the fourth quarter valued at $45,000. Finally, Rialto Wealth Management LLC bought a new stake in Vanguard Mega Cap ETF in the 4th quarter worth about $45,000.

Vanguard Mega Cap ETF Stock Performance

Shares of NYSEARCA:MGC opened at $209.62 on Friday. The firm has a market cap of $6.44 billion, a price-to-earnings ratio of 26.16 and a beta of 1.02. The business has a 50-day simple moving average of $200.21 and a two-hundred day simple moving average of $209.99. Vanguard Mega Cap ETF has a fifty-two week low of $173.32 and a fifty-two week high of $222.75.

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.