Kingswood Wealth Advisors LLC Acquires New Stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Kingswood Wealth Advisors LLC bought a new position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,400 shares of the company’s stock, valued at approximately $1,854,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Peterson Financial Group Inc. purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the 3rd quarter valued at $33,000. Copley Financial Group Inc. bought a new position in Vanguard Mega Cap Growth ETF during the 3rd quarter valued at $33,000. Bfsg LLC grew its stake in Vanguard Mega Cap Growth ETF by 386.7% in the third quarter. Bfsg LLC now owns 146 shares of the company’s stock worth $47,000 after purchasing an additional 116 shares in the last quarter. Massmutual Trust Co. FSB ADV bought a new stake in Vanguard Mega Cap Growth ETF in the third quarter valued at about $48,000. Finally, Valley National Advisers Inc. acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the 3rd quarter valued at approximately $55,000.

Vanguard Mega Cap Growth ETF Price Performance

Shares of NYSEARCA MGK opened at $343.85 on Tuesday. The business’s fifty day moving average price is $346.64 and its two-hundred day moving average price is $327.38. The firm has a market capitalization of $22.76 billion, a PE ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 1-year low of $265.99 and a 1-year high of $358.61.

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.