Redhawk Wealth Advisors Inc. Sells 64,705 Shares of Vanguard Mega Cap Growth ETF $MGK

Redhawk Wealth Advisors Inc. lessened its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 85.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,914 shares of the company’s stock after selling 64,705 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $4,505,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Brighton Jones LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 139.5% during the 4th quarter. Brighton Jones LLC now owns 1,509 shares of the company’s stock worth $518,000 after acquiring an additional 879 shares during the last quarter. AQR Capital Management LLC increased its stake in Vanguard Mega Cap Growth ETF by 127.3% in the first quarter. AQR Capital Management LLC now owns 3,830 shares of the company’s stock valued at $1,183,000 after acquiring an additional 2,145 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in Vanguard Mega Cap Growth ETF by 1.4% in the first quarter. Goldman Sachs Group Inc. now owns 107,285 shares of the company’s stock valued at $33,138,000 after acquiring an additional 1,483 shares during the last quarter. JPMorgan Chase & Co. raised its position in Vanguard Mega Cap Growth ETF by 9.2% during the second quarter. JPMorgan Chase & Co. now owns 83,322 shares of the company’s stock valued at $30,511,000 after purchasing an additional 6,999 shares in the last quarter. Finally, Franklin Resources Inc. raised its position in Vanguard Mega Cap Growth ETF by 2.9% during the second quarter. Franklin Resources Inc. now owns 1,226 shares of the company’s stock valued at $449,000 after purchasing an additional 35 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Down 2.4%

Shares of MGK stock opened at $355.33 on Friday. The business has a 50-day moving average price of $389.91 and a two-hundred day moving average price of $402.35. Vanguard Mega Cap Growth ETF has a 12-month low of $262.65 and a 12-month high of $426.80. The firm has a market cap of $27.87 billion, a P/E 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.