LifePlan Financial LLC lowered its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK – Free Report) by 9.4% during the fourth quarter, HoldingsChannel reports. The fund owned 4,731 shares of the company’s stock after selling 493 shares during the period. Vanguard Mega Cap Growth ETF accounts for about 1.4% of LifePlan Financial LLC’s investment portfolio, making the stock its 21st biggest holding. LifePlan Financial LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $1,625,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in the business. Peterson Financial Group Inc. purchased a new stake in Vanguard Mega Cap Growth ETF in the third quarter valued at $33,000. Copley Financial Group Inc. purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the 3rd quarter valued at about $33,000. Bfsg LLC boosted its position in shares of Vanguard Mega Cap Growth ETF by 386.7% in the 3rd quarter. Bfsg LLC now owns 146 shares of the company’s stock valued at $47,000 after purchasing an additional 116 shares during the period. Massmutual Trust Co. FSB ADV purchased a new position in Vanguard Mega Cap Growth ETF during the 3rd quarter worth approximately $48,000. Finally, Valley National Advisers Inc. acquired a new position in Vanguard Mega Cap Growth ETF during the third quarter worth approximately $55,000.
Vanguard Mega Cap Growth ETF Trading Up 1.4 %
MGK stock opened at $346.91 on Tuesday. The company has a market capitalization of $22.96 billion, a P/E ratio of 42.92 and a beta of 1.28. The business has a 50 day simple moving average of $345.19 and a 200-day simple moving average of $326.51. Vanguard Mega Cap Growth ETF has a twelve month low of $261.32 and a twelve month high of $358.61.
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.
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Want to see what other hedge funds are holding MGK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Mega Cap Growth ETF (NYSEARCA:MGK – Free Report).
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