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

Redhawk Wealth Advisors Inc. cut its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 85.6% during the 4th quarter, HoldingsChannel reports. The fund owned 10,914 shares of the company’s stock after selling 64,705 shares during the quarter. 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.

Other hedge funds have also recently made changes to their positions in the company. Ancora Advisors LLC boosted its stake in shares of Vanguard Mega Cap Growth ETF by 88.6% in the 3rd quarter. Ancora Advisors LLC now owns 66 shares of the company’s stock valued at $27,000 after purchasing an additional 31 shares in the last quarter. Aventura Private Wealth LLC purchased a new position in Vanguard Mega Cap Growth ETF in the 4th quarter worth $28,000. North Star Investment Management Corp. raised its position in Vanguard Mega Cap Growth ETF by 182.1% in the 3rd quarter. North Star Investment Management Corp. now owns 110 shares of the company’s stock worth $44,000 after purchasing an additional 71 shares during the period. Bell Investment Advisors Inc lifted its stake in Vanguard Mega Cap Growth ETF by 136.0% in the third quarter. Bell Investment Advisors Inc now owns 118 shares of the company’s stock worth $47,000 after purchasing an additional 68 shares during the last quarter. Finally, Dynamic Wealth Strategies LLC bought a new stake in Vanguard Mega Cap Growth ETF in the second quarter worth $44,000.

Vanguard Mega Cap Growth ETF Stock Down 2.4%

NYSEARCA MGK opened at $355.33 on Friday. The company has a 50-day simple moving average of $389.91 and a two-hundred day simple moving average 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 price-to-earnings 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.