Vanguard Mega Cap Growth ETF $MGK is Pennsylvania Capital Management Inc. ADV’s 8th Largest Position

Pennsylvania Capital Management Inc. ADV increased its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 905.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,104 shares of the company’s stock after purchasing an additional 23,507 shares during the quarter. Vanguard Mega Cap Growth ETF makes up 3.1% of Pennsylvania Capital Management Inc. ADV’s holdings, making the stock its 8th largest position. Pennsylvania Capital Management Inc. ADV’s holdings in Vanguard Mega Cap Growth ETF were worth $9,559,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Safe Harbor Fiduciary LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the first quarter valued at about $32,000. Redmont Wealth Advisors LLC purchased a new stake in Vanguard Mega Cap Growth ETF during the first quarter valued at approximately $32,000. Valued Wealth Advisors LLC purchased a new stake in Vanguard Mega Cap Growth ETF during the first quarter valued at approximately $42,000. Signaturefd LLC lifted its position in Vanguard Mega Cap Growth ETF by 833.3% during the second quarter. Signaturefd LLC now owns 140 shares of the company’s stock valued at $51,000 after acquiring an additional 125 shares during the last quarter. Finally, Garde Capital Inc. purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the 1st quarter valued at $49,000.

Vanguard Mega Cap Growth ETF Trading Up 0.3%

Shares of MGK opened at $400.45 on Tuesday. Vanguard Mega Cap Growth ETF has a 12 month low of $262.65 and a 12 month high of $405.86. The stock has a fifty day moving average price of $387.26 and a 200-day moving average price of $352.28. The firm has a market cap of $29.71 billion, a PE ratio of 37.33 and a beta of 1.11.

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.