Zacks Investment Management Sells 46 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Zacks Investment Management decreased its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 5.4% during the fourth quarter, HoldingsChannel reports. The firm owned 813 shares of the company’s stock after selling 46 shares during the quarter. Zacks Investment Management’s holdings in Vanguard Mega Cap Growth ETF were worth $279,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of MGK. Bank of Jackson Hole Trust bought a new stake in shares of Vanguard Mega Cap Growth ETF during the 4th quarter valued at $27,000. 1620 Investment Advisors Inc. bought a new stake in Vanguard Mega Cap Growth ETF during the fourth quarter worth about $30,000. Mainstream Capital Management LLC purchased a new stake in Vanguard Mega Cap Growth ETF in the fourth quarter worth about $31,000. Copley Financial Group Inc. purchased a new stake in Vanguard Mega Cap Growth ETF in the third quarter worth about $33,000. Finally, Riggs Asset Managment Co. Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF during the fourth quarter valued at approximately $40,000.

Vanguard Mega Cap Growth ETF Stock Up 0.1 %

Shares of MGK opened at $292.51 on Monday. The stock has a market cap of $21.27 billion, a P/E ratio of 32.92 and a beta of 1.20. The business’s 50 day moving average price is $318.48 and its 200-day moving average price is $333.06. Vanguard Mega Cap Growth ETF has a 52 week low of $262.65 and a 52 week high of $358.64.

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.