First Horizon Advisors Inc. Has $3.36 Million Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

First Horizon Advisors Inc. cut its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 20.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,791 shares of the company’s stock after selling 2,502 shares during the quarter. First Horizon Advisors Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $3,362,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MGK. Oxbow Advisors LLC increased its stake in Vanguard Mega Cap Growth ETF by 2.0% during the 4th quarter. Oxbow Advisors LLC now owns 5,302 shares of the company’s stock worth $1,821,000 after acquiring an additional 102 shares during the period. Lloyd Advisory Services LLC. bought a new stake in shares of Vanguard Mega Cap Growth ETF during the 4th quarter valued at $1,533,000. Dahring Cusmano LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the 4th quarter worth $419,000. Blackston Financial Advisory Group LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 8.1% in the fourth quarter. Blackston Financial Advisory Group LLC now owns 52,685 shares of the company’s stock worth $18,092,000 after purchasing an additional 3,936 shares during the period. Finally, Lane & Associates LLC raised its stake in Vanguard Mega Cap Growth ETF by 51.1% in the fourth quarter. Lane & Associates LLC now owns 1,845 shares of the company’s stock valued at $642,000 after purchasing an additional 624 shares in the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 2.2 %

Shares of NYSEARCA:MGK opened at $347.93 on Monday. The firm has a 50 day moving average of $349.67 and a 200-day moving average of $333.51. Vanguard Mega Cap Growth ETF has a 12 month low of $266.99 and a 12 month high of $358.64. The stock has a market capitalization of $25.55 billion, a PE ratio of 41.72 and a beta of 1.13.

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.