UNIVEST FINANCIAL Corp Purchases New Shares in Vanguard Mega Cap Growth ETF $MGK

UNIVEST FINANCIAL Corp purchased a new stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 13,916 shares of the company’s stock, valued at approximately $1,289,000.

Several other institutional investors have also added to or reduced their stakes in MGK. Cardiff Park Advisors LLC acquired a new position in Vanguard Mega Cap Growth ETF in the 1st quarter valued at $46,000. Basepoint Wealth LLC bought a new position in Vanguard Mega Cap Growth ETF during the 1st quarter worth $76,000. Elevation Wealth Partners LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 400.0% during the second quarter. Elevation Wealth Partners LLC now owns 300 shares of the company’s stock worth $26,000 after buying an additional 240 shares in the last quarter. Vestor Capital LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 65.6% during the first quarter. Vestor Capital LLC now owns 303 shares of the company’s stock worth $111,000 after buying an additional 120 shares in the last quarter. Finally, Triumph Capital Management lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 398.5% during the second quarter. Triumph Capital Management now owns 334 shares of the company’s stock worth $29,000 after buying an additional 267 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of Vanguard Mega Cap Growth ETF stock opened at $86.63 on Friday. The firm has a 50-day moving average of $90.47 and a 200-day moving average of $85.51. The stock has a market cap of $32.74 billion, a PE ratio of 28.83 and a beta of 1.25. Vanguard Mega Cap Growth ETF has a 52-week low of $70.32 and a 52-week high of $95.53.

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.