CX Institutional Boosts Stock Holdings in Vanguard Mega Cap Growth ETF $MGK

CX Institutional increased its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 3.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 357,048 shares of the company’s stock after purchasing an additional 12,735 shares during the period. Vanguard Mega Cap Growth ETF makes up 0.9% of CX Institutional’s holdings, making the stock its 22nd largest position. CX Institutional owned approximately 0.10% of Vanguard Mega Cap Growth ETF worth $33,080,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MGK. Avestar Capital LLC raised its stake in shares of Vanguard Mega Cap Growth ETF by 0.9% in the 4th quarter. Avestar Capital LLC now owns 3,450 shares of the company’s stock valued at $1,424,000 after purchasing an additional 30 shares during the period. First Command Advisory Services Inc. lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 14.0% in the fourth quarter. First Command Advisory Services Inc. now owns 554 shares of the company’s stock valued at $229,000 after purchasing an additional 68 shares in the last quarter. Endeavor Private Wealth Inc. boosted its position in shares of Vanguard Mega Cap Growth ETF by 7.3% during the fourth quarter. Endeavor Private Wealth Inc. now owns 1,041 shares of the company’s stock worth $430,000 after buying an additional 71 shares during the period. Glen Eagle Advisors LLC acquired a new position in shares of Vanguard Mega Cap Growth ETF during the fourth quarter worth about $48,000. Finally, HBW Advisory Services LLC grew its holdings in shares of Vanguard Mega Cap Growth ETF by 6.8% during the first quarter. HBW Advisory Services LLC now owns 1,886 shares of the company’s stock worth $693,000 after buying an additional 120 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Up 1.0%

Shares of NYSEARCA:MGK traded up $0.92 during mid-day trading on Friday, reaching $93.68. 1,892,525 shares of the stock were exchanged, compared to its average volume of 2,018,420. The stock’s 50 day simple moving average is $89.75 and its 200-day simple moving average is $86.22. Vanguard Mega Cap Growth ETF has a one year low of $70.32 and a one year high of $94.31. The company has a market cap of $34.92 billion, a P/E ratio of 37.33 and a beta of 1.23.

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.