Hantz Financial Services Inc. Makes New $647,000 Investment in Vanguard Mega Cap ETF $MGC

Hantz Financial Services Inc. purchased a new position in Vanguard Mega Cap ETF (NYSEARCA:MGC) in the 4th quarter, HoldingsChannel reports. The fund purchased 2,576 shares of the company’s stock, valued at approximately $647,000.

Other institutional investors have also modified their holdings of the company. Collier Financial acquired a new position in shares of Vanguard Mega Cap ETF in the third quarter worth $37,000. Blue Trust Inc. acquired a new position in shares of Vanguard Mega Cap ETF in the fourth quarter worth $48,000. Howe & Rusling Inc. acquired a new position in shares of Vanguard Mega Cap ETF in the third quarter worth $60,000. GGM Financials LLC acquired a new position in shares of Vanguard Mega Cap ETF in the third quarter worth $77,000. Finally, Entrust Financial LLC acquired a new position in shares of Vanguard Mega Cap ETF in the fourth quarter worth $102,000.

Vanguard Mega Cap ETF Stock Up 0.7%

NYSEARCA:MGC opened at $277.86 on Friday. The company has a fifty day simple moving average of $256.39 and a two-hundred day simple moving average of $252.41. The company has a market cap of $9.95 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a 52 week low of $211.49 and a 52 week high of $277.92.

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.