Focus Financial Network Inc. Has $963,000 Holdings in Vanguard Mega Cap Growth ETF $MGK

Focus Financial Network Inc. lifted its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 422.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,951 shares of the company’s stock after acquiring an additional 8,854 shares during the period. Focus Financial Network Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $963,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Assetmark Inc. boosted its stake in Vanguard Mega Cap Growth ETF by 1.0% in the 4th quarter. Assetmark Inc. now owns 8,590,832 shares of the company’s stock worth $3,546,038,000 after purchasing an additional 87,636 shares during the period. Cassaday & Co Wealth Management LLC raised its stake in shares of Vanguard Mega Cap Growth ETF by 1.3% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 3,719,368 shares of the company’s stock valued at $1,366,645,000 after purchasing an additional 48,165 shares during the period. Morgan Stanley lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 11.7% in the fourth quarter. Morgan Stanley now owns 2,651,172 shares of the company’s stock valued at $1,094,325,000 after purchasing an additional 277,446 shares in the last quarter. Captrust Financial Advisors lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 0.9% in the second quarter. Captrust Financial Advisors now owns 1,668,738 shares of the company’s stock valued at $611,042,000 after purchasing an additional 15,432 shares in the last quarter. Finally, LPL Financial LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 0.4% in the fourth quarter. LPL Financial LLC now owns 1,173,852 shares of the company’s stock valued at $484,531,000 after purchasing an additional 5,134 shares in the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

MGK stock opened at $90.00 on Wednesday. The stock has a market capitalization of $33.86 billion, a P/E ratio of 37.33 and a beta of 1.24. Vanguard Mega Cap Growth ETF has a fifty-two week low of $70.32 and a fifty-two week high of $92.38. The business has a 50-day moving average of $87.49 and a 200-day moving average of $83.13.

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.