Activest Wealth Management Raises Stock Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Activest Wealth Management grew its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 45.2% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 350 shares of the company’s stock after purchasing an additional 109 shares during the period. Activest Wealth Management’s holdings in Vanguard Mega Cap Growth ETF were worth $113,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Stonebridge Financial Planning Group LLC raised its holdings in Vanguard Mega Cap Growth ETF by 10.1% in the 3rd quarter. Stonebridge Financial Planning Group LLC now owns 1,943 shares of the company’s stock valued at $626,000 after buying an additional 178 shares during the period. Darwin Wealth Management LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the third quarter valued at about $14,061,000. First Horizon Advisors Inc. raised its stake in shares of Vanguard Mega Cap Growth ETF by 3.3% in the 3rd quarter. First Horizon Advisors Inc. now owns 12,293 shares of the company’s stock valued at $3,958,000 after acquiring an additional 392 shares during the period. Howe & Rusling Inc. lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 77.2% in the 3rd quarter. Howe & Rusling Inc. now owns 1,823 shares of the company’s stock worth $587,000 after acquiring an additional 794 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in shares of Vanguard Mega Cap Growth ETF by 0.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 566,062 shares of the company’s stock worth $182,244,000 after purchasing an additional 2,623 shares during the period.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK traded down $0.11 during midday trading on Thursday, hitting $335.32. 29,189 shares of the stock were exchanged, compared to its average volume of 344,002. Vanguard Mega Cap Growth ETF has a 52-week low of $246.18 and a 52-week high of $342.22. The stock has a fifty day simple moving average of $325.65 and a 200 day simple moving average of $312.95. The firm has a market cap of $22.19 billion, a P/E ratio of 42.92 and a beta of 1.28.

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.