Vanguard Mega Cap Growth ETF $MGK Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. reduced its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 524,170 shares of the company’s stock after selling 7,373 shares during the quarter. PNC Financial Services Group Inc. owned 0.68% of Vanguard Mega Cap Growth ETF worth $210,937,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of MGK. Atlantic Union Bankshares Corp acquired a new stake in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter worth approximately $30,000. Dynamic Wealth Strategies LLC purchased a new stake in Vanguard Mega Cap Growth ETF during the second quarter worth $44,000. North Star Investment Management Corp. boosted its position in Vanguard Mega Cap Growth ETF by 182.1% during the third quarter. North Star Investment Management Corp. now owns 110 shares of the company’s stock worth $44,000 after purchasing an additional 71 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in Vanguard Mega Cap Growth ETF by 463.6% in the second quarter. Smartleaf Asset Management LLC now owns 124 shares of the company’s stock valued at $45,000 after purchasing an additional 102 shares during the last quarter. Finally, MTM Investment Management LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF in the second quarter valued at $51,000.

Vanguard Mega Cap Growth ETF Stock Down 0.6%

NYSEARCA:MGK opened at $384.69 on Monday. Vanguard Mega Cap Growth ETF has a 52-week low of $262.65 and a 52-week high of $426.80. The stock has a fifty day simple moving average of $408.05 and a 200-day simple moving average of $402.72. The company has a market capitalization of $30.18 billion, a PE ratio of 37.33 and a beta of 1.18.

Vanguard Mega Cap Growth ETF 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.