Vanguard Mega Cap Growth ETF $MGK Stock: Ethic Inc. Grows Holdings

Ethic Inc. raised its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 241.0% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 10,704 shares of the company’s stock after purchasing an additional 7,565 shares during the period. Ethic Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $992,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Vestor Capital LLC grew its stake in shares of Vanguard Mega Cap Growth ETF by 65.6% in 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 during the period. Cardiff Park Advisors LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the first quarter worth $46,000. IFP Advisors Inc increased its holdings in Vanguard Mega Cap Growth ETF by 0.6% during the 3rd quarter. IFP Advisors Inc now owns 23,186 shares of the company’s stock worth $2,148,000 after purchasing an additional 145 shares during the period. Legacy Wealth Managment LLC ID raised its holdings in Vanguard Mega Cap Growth ETF by 7.3% in the first quarter. Legacy Wealth Managment LLC ID now owns 3,058 shares of the company’s stock valued at $1,124,000 after acquiring an additional 207 shares in the last quarter. Finally, Basepoint Wealth LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF in the 1st quarter valued at $76,000.

Vanguard Mega Cap Growth ETF Stock Performance

MGK opened at $85.79 on Friday. The business’s 50-day simple moving average is $90.37 and its 200-day simple moving average is $85.52. The company has a market cap of $32.43 billion, a P/E ratio of 28.83 and a beta of 1.25. Vanguard Mega Cap Growth ETF has a one year low of $70.32 and a one year high of $95.53.

About Vanguard Mega Cap Growth ETF

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.