JPMorgan Chase & Co. Acquires 16,971 Shares of Vanguard Mega Cap Growth ETF $MGK

JPMorgan Chase & Co. grew its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 20.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 100,293 shares of the company’s stock after acquiring an additional 16,971 shares during the quarter. JPMorgan Chase & Co.’s holdings in Vanguard Mega Cap Growth ETF were worth $40,360,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MGK. Atlantic Union Bankshares Corp purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the second quarter valued at $30,000. Dynamic Wealth Strategies LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter worth $44,000. North Star Investment Management Corp. raised its stake in shares of Vanguard Mega Cap Growth ETF by 182.1% in the third quarter. North Star Investment Management Corp. now owns 110 shares of the company’s stock worth $44,000 after buying an additional 71 shares during the period. Smartleaf Asset Management LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 463.6% during 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 in the last quarter. Finally, MTM Investment Management LLC bought a new position in shares of Vanguard Mega Cap Growth ETF in the second quarter worth about $51,000.

Vanguard Mega Cap Growth ETF Price Performance

Vanguard Mega Cap Growth ETF stock opened at $390.51 on Friday. The stock has a market cap of $30.63 billion, a P/E ratio of 37.33 and a beta of 1.18. Vanguard Mega Cap Growth ETF has a 1 year low of $262.65 and a 1 year high of $426.80. The firm’s 50 day moving average price is $403.91 and its 200-day moving average price is $402.95.

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.