942 Shares in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Bought by Prospect Financial Services LLC

Prospect Financial Services LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 942 shares of the company’s stock, valued at approximately $323,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Assetmark Inc. raised its holdings in shares of Vanguard Mega Cap Growth ETF by 3.8% in the third quarter. Assetmark Inc. now owns 7,453,268 shares of the company’s stock worth $2,399,580,000 after buying an additional 271,905 shares during the period. Cassaday & Co Wealth Management LLC boosted its holdings in Vanguard Mega Cap Growth ETF by 2.1% during the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 3,574,349 shares of the company’s stock valued at $1,150,762,000 after acquiring an additional 74,966 shares during the period. Captrust Financial Advisors grew its position in Vanguard Mega Cap Growth ETF by 756.3% in the 3rd quarter. Captrust Financial Advisors now owns 1,594,858 shares of the company’s stock valued at $513,465,000 after acquiring an additional 1,408,609 shares during the last quarter. World Investment Advisors LLC increased its stake in Vanguard Mega Cap Growth ETF by 36,249.8% in the third quarter. World Investment Advisors LLC now owns 634,667 shares of the company’s stock worth $204,331,000 after purchasing an additional 632,921 shares during the period. Finally, PNC Financial Services Group Inc. lifted its position in shares of Vanguard Mega Cap Growth ETF by 0.5% during the third 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 last quarter.

Vanguard Mega Cap Growth ETF Price Performance

Shares of MGK stock opened at $343.85 on Tuesday. The company has a market capitalization of $22.76 billion, a P/E ratio of 42.92 and a beta of 1.28. The company’s 50-day simple moving average is $346.64 and its two-hundred day simple moving average is $327.38. Vanguard Mega Cap Growth ETF has a one year low of $265.99 and a one year high of $358.61.

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.