Vanguard Mega Cap Growth ETF $MGK Position Raised by Clarus Wealth Advisors

Clarus Wealth Advisors grew its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 147.8% during the second quarter, Holdings Channel.com reports. The firm owned 135,598 shares of the company’s stock after acquiring an additional 80,874 shares during the period. Vanguard Mega Cap Growth ETF accounts for approximately 4.6% of Clarus Wealth Advisors’ holdings, making the stock its 3rd largest position. Clarus Wealth Advisors’ holdings in Vanguard Mega Cap Growth ETF were worth $11,861,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the company. Brighton Jones LLC grew its stake in shares of Vanguard Mega Cap Growth ETF by 139.5% during the fourth quarter. Brighton Jones LLC now owns 1,509 shares of the company’s stock worth $518,000 after purchasing an additional 879 shares in the last quarter. AQR Capital Management LLC raised its stake in Vanguard Mega Cap Growth ETF by 127.3% in the first quarter. AQR Capital Management LLC now owns 3,830 shares of the company’s stock valued at $1,183,000 after buying an additional 2,145 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in Vanguard Mega Cap Growth ETF by 1.4% in the first quarter. Goldman Sachs Group Inc. now owns 107,285 shares of the company’s stock valued at $33,138,000 after buying an additional 1,483 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in Vanguard Mega Cap Growth ETF by 12.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 2,117 shares of the company’s stock worth $775,000 after buying an additional 233 shares during the last quarter. Finally, Invesco Ltd. purchased a new stake in Vanguard Mega Cap Growth ETF during the 2nd quarter worth about $238,000.

Vanguard Mega Cap Growth ETF Stock Performance

NYSEARCA:MGK opened at $90.00 on Wednesday. The stock has a 50-day simple moving average of $87.49 and a 200-day simple moving average of $83.13. The stock has a market cap of $33.86 billion, a P/E ratio of 37.33 and a beta of 1.24. Vanguard Mega Cap Growth ETF has a 1 year low of $70.32 and a 1 year high of $92.38.

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.