Sowell Financial Services LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK – Free Report) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 77,706 shares of the company’s stock, valued at approximately $7,199,000.
Other institutional investors have also added to or reduced their stakes in the company. Cardiff Park Advisors LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF in the first quarter worth $46,000. MBM Wealth Consultants LLC bought a new position in shares of Vanguard Mega Cap Growth ETF during the first quarter worth $64,000. Basepoint Wealth LLC bought a new position in shares of Vanguard Mega Cap Growth ETF during the first quarter worth $76,000. Elevation Wealth Partners LLC grew 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 valued at $26,000 after acquiring an additional 240 shares in the last quarter. Finally, 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 valued at $111,000 after acquiring an additional 120 shares in the last quarter.
Vanguard Mega Cap Growth ETF Stock Performance
Shares of NYSEARCA MGK opened at $90.83 on Wednesday. The company has a market cap of $34.18 billion, a P/E ratio of 37.33 and a beta of 1.24. The firm’s fifty day moving average is $91.19 and its two-hundred day moving average is $87.94. Vanguard Mega Cap Growth ETF has a 52-week low of $70.32 and a 52-week high of $95.53.
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.
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