Embree Financial Group Cuts Stock Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Embree Financial Group lessened its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 17.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,978 shares of the company’s stock after selling 430 shares during the period. Embree Financial Group’s holdings in Vanguard Mega Cap Growth ETF were worth $567,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in MGK. TFB Advisors LLC increased its stake in Vanguard Mega Cap Growth ETF by 3.3% during the 1st quarter. TFB Advisors LLC now owns 46,086 shares of the company’s stock worth $12,570,000 after buying an additional 1,467 shares during the period. WealthTrust Asset Management LLC purchased a new stake in Vanguard Mega Cap Growth ETF during the 1st quarter worth $569,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its stake in Vanguard Mega Cap Growth ETF by 23.0% during the 1st quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 11,704 shares of the company’s stock worth $3,354,000 after buying an additional 2,185 shares during the period. Etfidea LLC increased its stake in Vanguard Mega Cap Growth ETF by 21.0% during the 1st quarter. Etfidea LLC now owns 7,686 shares of the company’s stock worth $2,203,000 after buying an additional 1,336 shares during the period. Finally, New England Capital Financial Advisors LLC increased its stake in Vanguard Mega Cap Growth ETF by 68.2% during the 1st quarter. New England Capital Financial Advisors LLC now owns 148 shares of the company’s stock worth $42,000 after buying an additional 60 shares during the period.

Vanguard Mega Cap Growth ETF Price Performance

Vanguard Mega Cap Growth ETF stock traded up $3.20 during midday trading on Wednesday, hitting $330.28. 275,311 shares of the stock were exchanged, compared to its average volume of 314,622. Vanguard Mega Cap Growth ETF has a 1 year low of $218.10 and a 1 year high of $330.36. The firm has a market cap of $21.86 billion, a P/E ratio of 42.92 and a beta of 1.28. The company has a 50 day moving average price of $303.20 and a two-hundred day moving average price of $285.29.

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.