Envestnet Portfolio Solutions Inc. Lowers Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Envestnet Portfolio Solutions Inc. reduced its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 4.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,461 shares of the company’s stock after selling 2,068 shares during the period. Envestnet Portfolio Solutions Inc. owned 0.06% of Vanguard Mega Cap Growth ETF worth $14,582,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of MGK. Copperwynd Financial LLC lifted its position in Vanguard Mega Cap Growth ETF by 3.9% during the fourth quarter. Copperwynd Financial LLC now owns 70,595 shares of the company’s stock valued at $24,243,000 after buying an additional 2,626 shares in the last quarter. Integras Partners LLC acquired a new position in shares of Vanguard Mega Cap Growth ETF during the 4th quarter valued at $1,013,000. Commonwealth Equity Services LLC boosted its position in Vanguard Mega Cap Growth ETF by 3.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 269,694 shares of the company’s stock worth $92,616,000 after purchasing an additional 9,179 shares during the period. Mascoma Wealth Management LLC acquired a new stake in Vanguard Mega Cap Growth ETF in the 4th quarter valued at $130,000. Finally, Avantax Advisory Services Inc. raised its position in Vanguard Mega Cap Growth ETF by 7.5% in the fourth quarter. Avantax Advisory Services Inc. now owns 19,779 shares of the company’s stock valued at $6,792,000 after purchasing an additional 1,380 shares during the period.

Vanguard Mega Cap Growth ETF Price Performance

Shares of MGK opened at $315.29 on Monday. Vanguard Mega Cap Growth ETF has a 12 month low of $266.99 and a 12 month high of $358.64. The stock has a market cap of $23.11 billion, a PE ratio of 36.87 and a beta of 1.15. The stock’s 50-day moving average is $342.49 and its two-hundred day moving average is $335.20.

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.