Vanguard Mega Cap Growth ETF $MGK Shares Purchased by Ethic Inc.

Ethic Inc. raised its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 241.0% during the 3rd quarter, HoldingsChannel reports. The firm owned 10,704 shares of the company’s stock after acquiring an additional 7,565 shares during the period. Ethic Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $992,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in MGK. Cardiff Park Advisors LLC acquired a new position in Vanguard Mega Cap Growth ETF during the first quarter worth $46,000. Basepoint Wealth LLC purchased a new position in Vanguard Mega Cap Growth ETF during the first quarter worth about $76,000. Elevation Wealth Partners LLC raised its stake in Vanguard Mega Cap Growth ETF by 400.0% during the second quarter. Elevation Wealth Partners LLC now owns 300 shares of the company’s stock worth $26,000 after purchasing an additional 240 shares during the period. Vestor Capital LLC grew its stake in Vanguard Mega Cap Growth ETF by 65.6% during the first quarter. Vestor Capital LLC now owns 303 shares of the company’s stock worth $111,000 after buying an additional 120 shares during the period. Finally, Triumph Capital Management lifted its position in shares of Vanguard Mega Cap Growth ETF by 398.5% during the second quarter. Triumph Capital Management now owns 334 shares of the company’s stock worth $29,000 after purchasing an additional 267 shares in the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 1.0%

MGK stock opened at $85.79 on Friday. The company has a market capitalization of $32.43 billion, a P/E ratio of 28.83 and a beta of 1.25. Vanguard Mega Cap Growth ETF has a twelve month low of $70.32 and a twelve month high of $95.53. The firm has a 50 day simple moving average of $90.37 and a 200-day simple moving average of $85.52.

Vanguard Mega Cap Growth ETF Company 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.