Worth Asset Management LLC Acquires 2,745 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Worth Asset Management LLC boosted its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 58.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 7,472 shares of the company’s stock after buying an additional 2,745 shares during the quarter. Vanguard Mega Cap Growth ETF comprises approximately 1.4% of Worth Asset Management LLC’s investment portfolio, making the stock its 16th largest position. Worth Asset Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $2,566,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in the business. Peterson Financial Group Inc. purchased a new position in shares of Vanguard Mega Cap Growth ETF during the third quarter valued at approximately $33,000. Copley Financial Group Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF during the 3rd quarter valued at approximately $33,000. Trifecta Capital Advisors LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter worth about $45,000. Bfsg LLC raised its position in Vanguard Mega Cap Growth ETF by 386.7% during the third quarter. Bfsg LLC now owns 146 shares of the company’s stock valued at $47,000 after purchasing an additional 116 shares during the period. Finally, Massmutual Trust Co. FSB ADV bought a new stake in Vanguard Mega Cap Growth ETF in the third quarter worth $48,000.

Vanguard Mega Cap Growth ETF Price Performance

Shares of MGK traded up $0.09 during mid-day trading on Wednesday, reaching $345.09. 199,124 shares of the company’s stock traded hands, compared to its average volume of 361,709. The stock’s 50-day moving average is $342.86 and its two-hundred day moving average is $324.86. The stock has a market cap of $22.84 billion, a P/E ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 12 month low of $255.12 and a 12 month high of $358.61.

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.