Redhawk Wealth Advisors Inc. Grows Holdings in Vanguard Mega Cap Growth ETF $MGK

Redhawk Wealth Advisors Inc. lifted its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 397.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 52,892 shares of the company’s stock after acquiring an additional 42,257 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $4,650,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Praetorian Wealth Management Inc. raised its position in Vanguard Mega Cap Growth ETF by 407.9% in the second quarter. Praetorian Wealth Management Inc. now owns 855,232 shares of the company’s stock valued at $75,183,000 after purchasing an additional 686,835 shares during the period. Morgan Stanley lifted its stake in Vanguard Mega Cap Growth ETF by 11.7% during the fourth quarter. Morgan Stanley now owns 2,651,172 shares of the company’s stock worth $1,094,325,000 after purchasing an additional 277,446 shares in the last quarter. CX Institutional boosted its position in shares of Vanguard Mega Cap Growth ETF by 364.0% during the second quarter. CX Institutional now owns 344,313 shares of the company’s stock worth $30,269,000 after buying an additional 270,114 shares during the period. Fifth Third Bancorp boosted its position in shares of Vanguard Mega Cap Growth ETF by 75,906.0% during the first quarter. Fifth Third Bancorp now owns 226,498 shares of the company’s stock worth $83,225,000 after buying an additional 226,200 shares during the period. Finally, Avior Wealth Management LLC grew its stake in shares of Vanguard Mega Cap Growth ETF by 393.4% in the second quarter. Avior Wealth Management LLC now owns 267,463 shares of the company’s stock valued at $23,513,000 after buying an additional 213,258 shares in the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 0.2%

MGK stock opened at $90.63 on Tuesday. The company has a market capitalization of $34.10 billion, a PE ratio of 37.33 and a beta of 1.24. Vanguard Mega Cap Growth ETF has a 12-month low of $70.32 and a 12-month high of $92.38. The business’s fifty day moving average price is $87.52 and its 200 day moving average price is $83.06.

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.