JPMorgan Chase & Co. Has $34.44 Million Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

JPMorgan Chase & Co. boosted its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 0.2% in the third quarter, Holdings Channel reports. The institutional investor owned 166,688 shares of the company’s stock after acquiring an additional 404 shares during the quarter. JPMorgan Chase & Co.’s holdings in Vanguard Mega Cap ETF were worth $34,444,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of MGC. Larson Financial Group LLC grew its stake in shares of 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 buying an additional 53 shares in the last quarter. Diversify Advisory Services LLC raised its stake in shares of Vanguard Mega Cap ETF by 3.2% in the 3rd quarter. Diversify Advisory Services LLC now owns 1,880 shares of the company’s stock valued at $396,000 after acquiring an additional 58 shares in the last quarter. Zega Financial LLC boosted its position in Vanguard Mega Cap ETF by 5.6% during the third quarter. Zega Financial LLC now owns 1,290 shares of the company’s stock worth $267,000 after purchasing an additional 68 shares during the period. Certified Advisory Corp raised its position in shares of Vanguard Mega Cap ETF by 0.8% in the second quarter. Certified Advisory Corp now owns 9,156 shares of the company’s stock valued at $1,806,000 after purchasing an additional 73 shares during the period. Finally, Nations Financial Group Inc. IA ADV raised its position in shares of Vanguard Mega Cap ETF by 0.8% in the third quarter. Nations Financial Group Inc. IA ADV now owns 9,382 shares of the company’s stock valued at $1,939,000 after purchasing an additional 76 shares during the period.

Vanguard Mega Cap ETF Price Performance

Shares of MGC opened at $216.49 on Tuesday. The company’s fifty day moving average price is $214.73 and its 200 day moving average price is $206.02. The company has a market capitalization of $6.24 billion, a PE ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a one year low of $166.87 and a one year high of $220.49.

Vanguard Mega Cap ETF 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.