UNIVEST FINANCIAL Corp Buys New Holdings in Vanguard Mega Cap Growth ETF $MGK

UNIVEST FINANCIAL Corp bought a new position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 13,916 shares of the company’s stock, valued at approximately $1,289,000.

Other large investors have also added to or reduced their stakes in the company. Concurrent Investment Advisors LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 328.2% in the second quarter. Concurrent Investment Advisors LLC now owns 236,260 shares of the company’s stock valued at $20,770,000 after purchasing an additional 181,082 shares during the period. RFG Advisory LLC lifted its stake in shares of Vanguard Mega Cap Growth ETF by 264.5% during the 2nd quarter. RFG Advisory LLC now owns 13,912 shares of the company’s stock worth $1,223,000 after buying an additional 10,095 shares during the last quarter. HB Wealth Management LLC lifted its stake in shares of Vanguard Mega Cap Growth ETF by 401.1% during the 2nd quarter. HB Wealth Management LLC now owns 379,143 shares of the company’s stock worth $33,331,000 after buying an additional 303,479 shares during the last quarter. Accel Wealth Management boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 387.7% during the 2nd quarter. Accel Wealth Management now owns 9,890 shares of the company’s stock worth $869,000 after buying an additional 7,862 shares during the period. Finally, Sequoia Financial Advisors LLC boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 473.3% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 8,525 shares of the company’s stock worth $749,000 after buying an additional 7,038 shares during the period.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK stock opened at $86.63 on Friday. Vanguard Mega Cap Growth ETF has a 52 week low of $70.32 and a 52 week high of $95.53. The company has a market capitalization of $32.74 billion, a price-to-earnings ratio of 28.83 and a beta of 1.25. The company has a 50-day simple moving average of $90.47 and a 200 day simple moving average of $85.51.

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.