Mission Wealth Management LP Buys 642 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Mission Wealth Management LP boosted its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 99.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,288 shares of the company’s stock after purchasing an additional 642 shares during the period. Mission Wealth Management LP’s holdings in Vanguard Mega Cap Growth ETF were worth $442,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in MGK. Bank of Jackson Hole Trust bought a new position in Vanguard Mega Cap Growth ETF in the fourth quarter valued at $27,000. Peterson Financial Group Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF in the 3rd quarter valued at about $33,000. Copley Financial Group Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF in the 3rd quarter valued at about $33,000. Riggs Asset Managment Co. Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF in the 4th quarter valued at about $40,000. Finally, Pittenger & Anderson Inc. grew its position in shares of Vanguard Mega Cap Growth ETF by 25.0% in the 4th quarter. Pittenger & Anderson Inc. now owns 150 shares of the company’s stock valued at $52,000 after acquiring an additional 30 shares during the period.

Vanguard Mega Cap Growth ETF Price Performance

Shares of MGK opened at $333.27 on Thursday. The firm has a 50-day moving average of $347.51 and a 200-day moving average of $335.12. Vanguard Mega Cap Growth ETF has a one year low of $266.99 and a one year high of $358.64. The company has a market cap of $24.48 billion, a PE ratio of 41.72 and a beta of 1.13.

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.