Empower Advisory Group LLC Has $686,000 Stock Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Empower Advisory Group LLC increased its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 36.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,998 shares of the company’s stock after buying an additional 529 shares during the quarter. Empower Advisory Group LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $686,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Pittenger & Anderson Inc. increased its holdings in Vanguard Mega Cap Growth ETF by 25.0% during the 4th quarter. Pittenger & Anderson Inc. now owns 150 shares of the company’s stock worth $52,000 after purchasing an additional 30 shares in the last quarter. Sanctuary Advisors LLC increased its holdings in Vanguard Mega Cap Growth ETF by 3.7% during the 4th quarter. Sanctuary Advisors LLC now owns 45,341 shares of the company’s stock worth $15,861,000 after purchasing an additional 1,603 shares in the last quarter. Retirement Income Solutions Inc increased its holdings in Vanguard Mega Cap Growth ETF by 67.3% during the 4th quarter. Retirement Income Solutions Inc now owns 1,499 shares of the company’s stock worth $515,000 after purchasing an additional 603 shares in the last quarter. J.W. Cole Advisors Inc. increased its holdings in Vanguard Mega Cap Growth ETF by 11.2% during the 4th quarter. J.W. Cole Advisors Inc. now owns 18,399 shares of the company’s stock worth $6,318,000 after purchasing an additional 1,850 shares in the last quarter. Finally, Strategic Financial Concepts LLC bought a new stake in Vanguard Mega Cap Growth ETF during the 4th quarter worth approximately $257,000.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK opened at $357.10 on Wednesday. The stock has a 50 day moving average price of $349.73 and a two-hundred day moving average price of $332.10. The firm has a market capitalization of $23.64 billion, a P/E ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 52 week low of $266.99 and a 52 week high of $358.64.

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.