RFP Financial Group LLC Sells 9,037 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

RFP Financial Group LLC lowered its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 7.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 110,085 shares of the company’s stock after selling 9,037 shares during the period. Vanguard Mega Cap Growth ETF makes up approximately 14.7% of RFP Financial Group LLC’s portfolio, making the stock its biggest holding. RFP Financial Group LLC owned about 0.17% of Vanguard Mega Cap Growth ETF worth $37,805,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Wilmington Savings Fund Society FSB bought a new stake in Vanguard Mega Cap Growth ETF in the 4th quarter worth about $1,058,000. Serenus Wealth Advisors LLC bought a new position in shares of Vanguard Mega Cap Growth ETF in the fourth quarter valued at approximately $696,000. Kingsview Wealth Management LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 2.9% during the fourth quarter. Kingsview Wealth Management LLC now owns 29,216 shares of the company’s stock valued at $10,033,000 after acquiring an additional 811 shares during the last quarter. Apollon Wealth Management LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 28.4% during the fourth quarter. Apollon Wealth Management LLC now owns 3,026 shares of the company’s stock worth $1,039,000 after acquiring an additional 669 shares during the period. Finally, Apollon Financial LLC boosted its position in Vanguard Mega Cap Growth ETF by 0.6% in the fourth quarter. Apollon Financial LLC now owns 26,268 shares of the company’s stock worth $9,021,000 after purchasing an additional 157 shares during the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

Shares of NYSEARCA:MGK opened at $348.69 on Friday. Vanguard Mega Cap Growth ETF has a 1 year low of $266.99 and a 1 year high of $358.61. The company has a market capitalization of $23.08 billion, a PE ratio of 42.92 and a beta of 1.28. The business has a fifty day moving average price of $348.91 and a two-hundred day moving average price of $329.28.

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.