New England Private Wealth Advisors LLC Acquires 441 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

New England Private Wealth Advisors LLC boosted its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 37.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 1,617 shares of the company’s stock after purchasing an additional 441 shares during the period. New England Private Wealth Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $555,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. FMR LLC lifted its position in shares of Vanguard Mega Cap Growth ETF by 12.7% during the 3rd quarter. FMR LLC now owns 23,961 shares of the company’s stock worth $7,714,000 after buying an additional 2,704 shares during the period. Oppenheimer & Co. Inc. boosted its stake in shares of Vanguard Mega Cap Growth ETF by 11.4% in the 4th quarter. Oppenheimer & Co. Inc. now owns 1,339 shares of the company’s stock valued at $460,000 after purchasing an additional 137 shares in the last quarter. Wedmont Private Capital grew its holdings in shares of Vanguard Mega Cap Growth ETF by 8.6% in the 4th quarter. Wedmont Private Capital now owns 811 shares of the company’s stock worth $276,000 after purchasing an additional 64 shares during the last quarter. Ameritas Advisory Services LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 131.7% during the 4th quarter. Ameritas Advisory Services LLC now owns 37,676 shares of the company’s stock worth $12,938,000 after purchasing an additional 21,417 shares in the last quarter. Finally, Stifel Financial Corp lifted its holdings in Vanguard Mega Cap Growth ETF by 8.5% during the 3rd quarter. Stifel Financial Corp now owns 193,618 shares of the company’s stock valued at $62,340,000 after purchasing an additional 15,201 shares during the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 0.3 %

NYSEARCA:MGK opened at $309.56 on Wednesday. The stock has a market capitalization of $22.69 billion, a P/E ratio of 36.87 and a beta of 1.15. Vanguard Mega Cap Growth ETF has a 1 year low of $266.99 and a 1 year high of $358.64. The firm has a 50 day moving average of $344.44 and a 200-day moving average of $335.25.

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.