Valicenti Advisory Services Inc. Lowers Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Valicenti Advisory Services Inc. reduced its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 6.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,429 shares of the company’s stock after selling 1,551 shares during the period. Vanguard Mega Cap Growth ETF accounts for about 2.1% of Valicenti Advisory Services Inc.’s investment portfolio, making the stock its 15th largest position. Valicenti Advisory Services Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $8,389,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Peterson Financial Group Inc. acquired a new stake in Vanguard Mega Cap Growth ETF during the third quarter worth about $33,000. Copley Financial Group Inc. acquired a new stake in Vanguard Mega Cap Growth ETF during the 3rd quarter worth approximately $33,000. Bfsg LLC raised its holdings in Vanguard Mega Cap Growth ETF by 386.7% in the third quarter. Bfsg LLC now owns 146 shares of the company’s stock valued at $47,000 after buying an additional 116 shares during the period. Massmutual Trust Co. FSB ADV acquired a new position in Vanguard Mega Cap Growth ETF during the third quarter valued at approximately $48,000. Finally, Valley National Advisers Inc. purchased a new stake in Vanguard Mega Cap Growth ETF during the third quarter worth approximately $55,000.

Vanguard Mega Cap Growth ETF Trading Up 0.9 %

Shares of MGK stock opened at $355.00 on Wednesday. The company has a market cap of $23.50 billion, a PE ratio of 42.92 and a beta of 1.28. The company’s fifty day simple moving average is $346.97 and its 200-day simple moving average is $327.57. Vanguard Mega Cap Growth ETF has a 52 week low of $265.99 and a 52 week 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.