Fifth Third Securities Inc. Boosts Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Fifth Third Securities Inc. raised its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 10.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,012 shares of the company’s stock after acquiring an additional 562 shares during the quarter. Fifth Third Securities Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $1,723,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. AdvisorNet Financial Inc bought a new position in Vanguard Mega Cap Growth ETF during the fourth quarter valued at $30,000. Global Wealth Strategies & Associates purchased a new position in shares of Vanguard Mega Cap Growth ETF during the 1st quarter valued at $30,000. Scarborough Advisors LLC bought a new position in shares of Vanguard Mega Cap Growth ETF during the 4th quarter worth $32,000. Criterion Capital Advisors LLC purchased a new stake in Vanguard Mega Cap Growth ETF in the 4th quarter worth about $37,000. Finally, Winch Advisory Services LLC raised its stake in Vanguard Mega Cap Growth ETF by 100.0% in the 4th quarter. Winch Advisory Services LLC now owns 166 shares of the company’s stock valued at $43,000 after acquiring an additional 83 shares during the period.

Vanguard Mega Cap Growth ETF Stock Up 0.8 %

Shares of NYSEARCA:MGK opened at $316.88 on Tuesday. The firm has a market capitalization of $20.97 billion, a PE ratio of 42.92 and a beta of 1.28. The company has a 50-day moving average price of $296.23 and a two-hundred day moving average price of $282.22. Vanguard Mega Cap Growth ETF has a twelve month low of $218.10 and a twelve month high of $319.44.

Vanguard Mega Cap Growth ETF 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.