Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Sets New 12-Month High – Here’s Why

Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $89.99 and last traded at $89.97, with a volume of 335181 shares trading hands. The stock had previously closed at $88.99.

Vanguard Mega Cap Growth ETF Stock Performance

The stock’s 50-day moving average is $81.01 and its 200 day moving average is $80.94. The firm has a market cap of $6.76 billion, a P/E ratio of 37.33 and a beta of 1.23.

Institutional Trading of Vanguard Mega Cap Growth ETF

A number of large investors have recently made changes to their positions in the company. Cvfg LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 1.8% in the 3rd quarter. Cvfg LLC now owns 1,415 shares of the company’s stock valued at $569,000 after buying an additional 25 shares in the last quarter. TFR Capital LLC. increased its position in shares of Vanguard Mega Cap Growth ETF by 2.7% in the 4th quarter. TFR Capital LLC. now owns 961 shares of the company’s stock valued at $397,000 after buying an additional 25 shares in the last quarter. First Horizon Corp increased its position in shares of Vanguard Mega Cap Growth ETF by 0.7% in the 4th quarter. First Horizon Corp now owns 3,383 shares of the company’s stock valued at $1,396,000 after buying an additional 25 shares in the last quarter. New England Capital Financial Advisors LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 16.9% in the 4th quarter. New England Capital Financial Advisors LLC now owns 173 shares of the company’s stock valued at $71,000 after buying an additional 25 shares in the last quarter. Finally, Horizon Investment Services LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 0.3% in the 3rd quarter. Horizon Investment Services LLC now owns 9,923 shares of the company’s stock valued at $3,993,000 after buying an additional 26 shares in the last quarter.

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.