24-Apr-2024
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The Fund seeks to track the performance of a benchmark index that measures the investment return of large-capitalization stocks in the United States
Vanguard Mega Cap ETF trades on the ARCA stock market under the symbol MGC.
As of April 24, 2024, MGC stock price declined to $180.87 with 61,902 million shares trading.
MGC has a beta of 1.03, meaning it tends to be more sensitive to market movements. MGC has a correlation of 0.98 to the broad based SPY ETF.
MGC has a market cap of $5.23 billion. This is considered a Mid Cap stock.
In the last 3 years, MGC stock traded as high as $187.68 and as low as $121.30.
MGC has outperformed the market in the last year with a return of +26.9%, while the SPY ETF gained +24.1%. However, in the most recent history, MGC shares have underperformed the stock market with its stock returning +4.2% in the last 3 month period and -1.7% for the last 2 week period, while SPY has returned +4.5% and -1.7%, respectively.
MGC support price is $179.47 and resistance is $182.67 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MGC stock will trade within this expected range on the day.