Y Intercept Hong Kong Ltd Acquires New Stake in Vanguard Mega Cap Growth ETF $MGK

Y Intercept Hong Kong Ltd bought a new position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 6,794 shares of the company’s stock, valued at approximately $2,496,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of MGK. Ancora Advisors LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 88.6% in the third quarter. Ancora Advisors LLC now owns 66 shares of the company’s stock valued at $27,000 after purchasing an additional 31 shares in the last quarter. Aventura Private Wealth LLC bought a new position in shares of Vanguard Mega Cap Growth ETF during the fourth quarter worth about $28,000. IFC & Insurance Marketing Inc. acquired a new stake in Vanguard Mega Cap Growth ETF in the 4th quarter valued at approximately $32,000. Costello Asset Management INC raised its position in Vanguard Mega Cap Growth ETF by 116.3% in the 4th quarter. Costello Asset Management INC now owns 93 shares of the company’s stock valued at $39,000 after buying an additional 50 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. lifted its stake in Vanguard Mega Cap Growth ETF by 350.0% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 99 shares of the company’s stock valued at $41,000 after acquiring an additional 77 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Down 0.9%

NYSEARCA:MGK opened at $87.46 on Wednesday. The company has a market cap of $33.34 billion, a P/E ratio of 37.33 and a beta of 1.24. Vanguard Mega Cap Growth ETF has a twelve month low of $70.32 and a twelve month high of $92.38. The business has a 50 day moving average price of $87.70 and a two-hundred day moving average price of $82.22.

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.