First Financial Corp IN Purchases New Position in Vanguard Mega Cap ETF (NYSEARCA:MGC)

First Financial Corp IN acquired a new position in Vanguard Mega Cap ETF (NYSEARCA:MGC) in the 1st quarter, HoldingsChannel reports. The firm acquired 8,093 shares of the company’s stock, valued at approximately $1,512,000. Vanguard Mega Cap ETF makes up 0.8% of First Financial Corp IN’s portfolio, making the stock its 26th largest position.

A number of other large investors have also recently made changes to their positions in the business. Envestnet Asset Management Inc. lifted its stake in Vanguard Mega Cap ETF by 18.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 503,356 shares of the company’s stock worth $85,208,000 after acquiring an additional 79,645 shares during the period. New York Life Investment Management LLC raised its holdings in Vanguard Mega Cap ETF by 14.3% in the 4th quarter. New York Life Investment Management LLC now owns 473,152 shares of the company’s stock worth $80,095,000 after purchasing an additional 59,183 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Vanguard Mega Cap ETF by 2.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 437,600 shares of the company’s stock worth $74,077,000 after purchasing an additional 10,276 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of Vanguard Mega Cap ETF by 9.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 419,314 shares of the company’s stock valued at $63,729,000 after purchasing an additional 36,284 shares in the last quarter. Finally, Wells Fargo & Company MN increased its position in shares of Vanguard Mega Cap ETF by 7.7% during the fourth quarter. Wells Fargo & Company MN now owns 407,329 shares of the company’s stock valued at $68,953,000 after buying an additional 28,952 shares during the period.

Vanguard Mega Cap ETF Price Performance

MGC traded up $0.46 on Wednesday, hitting $198.40. The company had a trading volume of 19,097 shares, compared to its average volume of 80,285. The stock has a fifty day simple moving average of $188.61 and a 200-day simple moving average of $181.37. The firm has a market capitalization of $5.72 billion, a P/E ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a 52-week low of $145.94 and a 52-week high of $199.30.

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.