Ethos Financial Group LLC Reduces Position in Vanguard Mega Cap Growth ETF $MGK

Ethos Financial Group LLC lessened its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 4.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,999 shares of the company’s stock after selling 585 shares during the period. Ethos Financial Group LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $5,131,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Brown Advisory Inc. increased its holdings in shares of Vanguard Mega Cap Growth ETF by 7.3% in the 1st quarter. Brown Advisory Inc. now owns 4,601 shares of the company’s stock valued at $1,421,000 after acquiring an additional 315 shares during the period. Alpine Bank Wealth Management purchased a new position in Vanguard Mega Cap Growth ETF in the 2nd quarter worth $77,000. Signaturefd LLC raised its position in Vanguard Mega Cap Growth ETF by 833.3% during the 2nd quarter. Signaturefd LLC now owns 140 shares of the company’s stock worth $51,000 after buying an additional 125 shares during the last quarter. DAVENPORT & Co LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 14.5% in the 2nd quarter. DAVENPORT & Co LLC now owns 792 shares of the company’s stock valued at $290,000 after buying an additional 100 shares during the period. Finally, Maridea Wealth Management LLC lifted its stake in shares of Vanguard Mega Cap Growth ETF by 45.3% in the 2nd quarter. Maridea Wealth Management LLC now owns 1,488 shares of the company’s stock valued at $545,000 after purchasing an additional 464 shares during the period.

Vanguard Mega Cap Growth ETF Stock Up 0.1%

MGK stock opened at $416.48 on Thursday. Vanguard Mega Cap Growth ETF has a 52-week low of $262.65 and a 52-week high of $426.80. The company’s 50-day simple moving average is $402.02 and its 200-day simple moving average is $372.27. The firm has a market cap of $32.28 billion, a P/E ratio of 37.33 and a beta of 1.18.

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.