Ifrah Financial Services Inc. Makes New $5.43 Million Investment in Vanguard Mega Cap Growth ETF $MGK

Ifrah Financial Services Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 58,596 shares of the company’s stock, valued at approximately $5,429,000. Vanguard Mega Cap Growth ETF accounts for about 1.4% of Ifrah Financial Services Inc.’s investment portfolio, making the stock its 23rd biggest holding.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Glen Eagle Advisors LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the fourth quarter valued at $48,000. HBW Advisory Services LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 6.8% during the 1st quarter. HBW Advisory Services LLC now owns 1,886 shares of the company’s stock valued at $693,000 after buying an additional 120 shares in the last quarter. Vestor Capital LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 65.6% during the 1st quarter. Vestor Capital LLC now owns 303 shares of the company’s stock valued at $111,000 after buying an additional 120 shares in the last quarter. Cvfg LLC boosted its position in Vanguard Mega Cap Growth ETF by 8.6% in the 1st quarter. Cvfg LLC now owns 1,537 shares of the company’s stock valued at $565,000 after buying an additional 122 shares during the period. Finally, Cardiff Park Advisors LLC purchased a new stake in Vanguard Mega Cap Growth ETF in the 1st quarter valued at about $46,000.

Vanguard Mega Cap Growth ETF Price Performance

Shares of MGK stock opened at $94.19 on Wednesday. The company has a market capitalization of $35.44 billion, a P/E ratio of 37.33 and a beta of 1.24. The company’s 50-day simple moving average is $91.09 and its two-hundred day simple moving average is $87.28. Vanguard Mega Cap Growth ETF has a one year low of $70.32 and a one year high of $95.53.

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.