Vanguard Mega Cap Growth ETF $MGK Stock Position Lifted by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC raised its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 59.9% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 17,488 shares of the company’s stock after buying an additional 6,548 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $6,426,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its stake in shares of Vanguard Mega Cap Growth ETF by 139.5% in the fourth quarter. Brighton Jones LLC now owns 1,509 shares of the company’s stock worth $518,000 after acquiring an additional 879 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of Vanguard Mega Cap Growth ETF by 127.3% during the first quarter. AQR Capital Management LLC now owns 3,830 shares of the company’s stock worth $1,183,000 after acquiring an additional 2,145 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in Vanguard Mega Cap Growth ETF by 1.4% during the first quarter. Goldman Sachs Group Inc. now owns 107,285 shares of the company’s stock valued at $33,138,000 after purchasing an additional 1,483 shares during the last quarter. Russell Investments Group Ltd. boosted its position in Vanguard Mega Cap Growth ETF by 12.4% during the second quarter. Russell Investments Group Ltd. now owns 2,117 shares of the company’s stock valued at $775,000 after purchasing an additional 233 shares during the last quarter. Finally, Invesco Ltd. purchased a new position in Vanguard Mega Cap Growth ETF in the second quarter valued at about $238,000.

Vanguard Mega Cap Growth ETF Price Performance

Shares of NYSEARCA MGK opened at $84.46 on Wednesday. Vanguard Mega Cap Growth ETF has a one year low of $70.32 and a one year high of $92.38. The business’s 50-day moving average price is $87.80 and its two-hundred day moving average price is $82.66. The company has a market capitalization of $31.77 billion, a P/E ratio of 37.33 and a beta of 1.24.

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.