IFP Advisors Inc Increases Position in Vanguard Mega Cap Growth ETF $MGK

IFP Advisors Inc raised its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 77.4% in the 2nd quarter, Holdings Channel.com reports. The firm owned 23,041 shares of the company’s stock after acquiring an additional 10,055 shares during the quarter. IFP Advisors Inc’s holdings in Vanguard Mega Cap Growth ETF were worth $2,026,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in MGK. Elevation Wealth Partners LLC raised its holdings in shares of Vanguard Mega Cap Growth ETF by 400.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 300 shares of the company’s stock valued at $26,000 after acquiring an additional 240 shares in the last quarter. Ancora Advisors LLC boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 88.6% during the third quarter. Ancora Advisors LLC now owns 66 shares of the company’s stock worth $27,000 after purchasing an additional 31 shares during the period. Triumph Capital Management lifted its position in shares of Vanguard Mega Cap Growth ETF by 398.5% in the 2nd quarter. Triumph Capital Management now owns 334 shares of the company’s stock worth $29,000 after purchasing an additional 267 shares during the period. Noble Wealth Management PBC lifted its stake in shares of Vanguard Mega Cap Growth ETF by 400.0% in the 2nd quarter. Noble Wealth Management PBC now owns 350 shares of the company’s stock valued at $31,000 after purchasing an additional 280 shares during the period. Finally, IFC & Insurance Marketing Inc. purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 4th quarter valued at approximately $32,000.

Vanguard Mega Cap Growth ETF Stock Up 0.9%

Vanguard Mega Cap Growth ETF stock opened at $89.90 on Friday. Vanguard Mega Cap Growth ETF has a twelve month low of $70.32 and a twelve month high of $92.38. The company has a market capitalization of $33.82 billion, a P/E ratio of 37.33 and a beta of 1.24. The stock’s 50 day moving average is $88.60 and its 200 day moving average is $84.76.

About Vanguard Mega Cap Growth ETF

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.