Apollon Financial LLC Boosts Stock Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Apollon Financial LLC increased its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 0.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 26,268 shares of the company’s stock after purchasing an additional 157 shares during the quarter. Vanguard Mega Cap Growth ETF comprises about 2.2% of Apollon Financial LLC’s holdings, making the stock its 13th largest position. Apollon Financial LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $9,021,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Peterson Financial Group Inc. purchased a new position in Vanguard Mega Cap Growth ETF during the 3rd quarter valued at about $33,000. Copley Financial Group Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF in the third quarter valued at approximately $33,000. Riggs Asset Managment Co. Inc. purchased a new position in Vanguard Mega Cap Growth ETF during the fourth quarter valued at approximately $40,000. Bfsg LLC grew its stake in Vanguard Mega Cap Growth ETF by 386.7% during the third quarter. Bfsg LLC now owns 146 shares of the company’s stock valued at $47,000 after acquiring an additional 116 shares in the last quarter. Finally, Valley National Advisers Inc. bought a new stake in Vanguard Mega Cap Growth ETF during the 3rd quarter worth approximately $55,000.

Vanguard Mega Cap Growth ETF Price Performance

Shares of NYSEARCA:MGK opened at $348.69 on Friday. The firm has a fifty day moving average price of $348.91 and a two-hundred day moving average price of $329.19. The company has a market cap of $23.08 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a one year low of $266.99 and a one year high of $358.61.

Vanguard Mega Cap Growth ETF Company Profile

The Vanguard Mega Cap Growth ETF (MGK) is an exchange-traded fund that is based on the CRSP US Mega Growth index. The fund tracks the CRSP US Mega Cap Growth Index. The index selects stocks from the top 70% of investable market capitalization based on growth factors. MGK was launched on Dec 17, 2007 and is managed by Vanguard.