Vestmark Advisory Solutions Inc. Makes New Investment in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Vestmark Advisory Solutions Inc. acquired a new stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 40,744 shares of the company’s stock, valued at approximately $13,992,000. Vestmark Advisory Solutions Inc. owned approximately 0.06% of Vanguard Mega Cap Growth ETF as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in MGK. Bank of Jackson Hole Trust purchased a new position in shares of Vanguard Mega Cap Growth ETF during the fourth quarter worth approximately $27,000. Mainstream Capital Management LLC bought a new position in shares of Vanguard Mega Cap Growth ETF during the 4th quarter valued at $31,000. Peterson Financial Group Inc. purchased a new position in Vanguard Mega Cap Growth ETF in the 3rd quarter worth $33,000. Copley Financial Group Inc. bought a new stake in Vanguard Mega Cap Growth ETF in the third quarter worth $33,000. Finally, Riggs Asset Managment Co. Inc. purchased a new stake in Vanguard Mega Cap Growth ETF during the fourth quarter valued at about $40,000.

Vanguard Mega Cap Growth ETF Trading Up 1.5 %

Shares of NYSEARCA:MGK opened at $333.27 on Thursday. The stock has a market capitalization of $24.48 billion, a P/E ratio of 41.72 and a beta of 1.13. The stock’s 50-day moving average price is $347.51 and its 200-day moving average price is $335.12. Vanguard Mega Cap Growth ETF has a 12-month low of $266.99 and a 12-month high of $358.64.

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.