N.E.W. Advisory Services LLC Has $2.07 Million Stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

N.E.W. Advisory Services LLC raised its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 0.7% during the first quarter, HoldingsChannel.com reports. The fund owned 6,699 shares of the company’s stock after acquiring an additional 46 shares during the quarter. N.E.W. Advisory Services LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $2,069,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MGK. Titleist Asset Management LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 4.4% during the 4th quarter. Titleist Asset Management LLC now owns 732 shares of the company’s stock worth $251,000 after purchasing an additional 31 shares in the last quarter. Summit Financial LLC grew its stake in Vanguard Mega Cap Growth ETF by 1.5% during the fourth quarter. Summit Financial LLC now owns 2,256 shares of the company’s stock worth $775,000 after buying an additional 33 shares during the last quarter. Wood Tarver Financial Group LLC increased its holdings in shares of Vanguard Mega Cap Growth ETF by 17.9% during the first quarter. Wood Tarver Financial Group LLC now owns 231 shares of the company’s stock worth $71,000 after buying an additional 35 shares in the last quarter. Koshinski Asset Management Inc. increased its holdings in shares of Vanguard Mega Cap Growth ETF by 1.5% during the first quarter. Koshinski Asset Management Inc. now owns 2,698 shares of the company’s stock worth $833,000 after buying an additional 39 shares in the last quarter. Finally, Platform Technology Partners raised its stake in shares of Vanguard Mega Cap Growth ETF by 2.9% in the first quarter. Platform Technology Partners now owns 1,407 shares of the company’s stock valued at $435,000 after acquiring an additional 39 shares during the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

NYSEARCA MGK opened at $381.16 on Tuesday. The firm has a market cap of $28.48 billion, a PE ratio of 37.33 and a beta of 1.11. Vanguard Mega Cap Growth ETF has a one year low of $262.65 and a one year high of $381.44. The stock’s 50 day simple moving average is $358.94 and its 200 day simple moving average is $337.74.

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.