Hollencrest Capital Management Raises Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Hollencrest Capital Management grew its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 19,100.0% during the 2nd quarter, Holdings Channel.com reports. The firm owned 1,152 shares of the company’s stock after purchasing an additional 1,146 shares during the quarter. Hollencrest Capital Management’s holdings in Vanguard Mega Cap ETF were worth $227,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Global Assets Advisory LLC acquired a new position in shares of Vanguard Mega Cap ETF in the first quarter worth about $52,361,000. Liberty Wealth Management LLC bought a new position in shares of Vanguard Mega Cap ETF during the 2nd quarter valued at about $30,741,000. Mesirow Financial Investment Management Inc. purchased a new stake in shares of Vanguard Mega Cap ETF during the first quarter valued at $18,320,000. Envestnet Asset Management Inc. boosted its stake in Vanguard Mega Cap ETF by 18.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 503,356 shares of the company’s stock worth $85,208,000 after purchasing an additional 79,645 shares during the period. Finally, Apella Capital LLC increased its stake in Vanguard Mega Cap ETF by 27.5% in the 1st quarter. Apella Capital LLC now owns 320,332 shares of the company’s stock valued at $59,447,000 after buying an additional 69,092 shares during the period.

Vanguard Mega Cap ETF Stock Up 1.8 %

MGC stock opened at $205.55 on Friday. The firm has a 50 day moving average of $198.40 and a two-hundred day moving average of $192.13. Vanguard Mega Cap ETF has a 12 month low of $145.94 and a 12 month high of $206.33. The company has a market capitalization of $5.93 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02.

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.