EverSource Wealth Advisors LLC Reduces Stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

EverSource Wealth Advisors LLC cut its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 6.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 15,680 shares of the company’s stock after selling 1,079 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $4,814,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Fairscale Capital LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF in the second quarter worth $199,000. WealthTrust Asset Management LLC boosted its holdings in Vanguard Mega Cap Growth ETF by 190.7% in the second quarter. WealthTrust Asset Management LLC now owns 5,768 shares of the company’s stock valued at $1,812,000 after purchasing an additional 3,784 shares during the last quarter. Etfidea LLC grew its position in Vanguard Mega Cap Growth ETF by 4.3% during the 2nd quarter. Etfidea LLC now owns 8,018 shares of the company’s stock worth $2,519,000 after purchasing an additional 332 shares during the period. Clifford Group LLC raised its stake in shares of Vanguard Mega Cap Growth ETF by 98.6% during the 2nd quarter. Clifford Group LLC now owns 27,279 shares of the company’s stock valued at $8,571,000 after buying an additional 13,542 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC raised its stake in shares of Vanguard Mega Cap Growth ETF by 91.4% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 2,457 shares of the company’s stock valued at $772,000 after buying an additional 1,173 shares during the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 0.3 %

Shares of MGK stock opened at $319.32 on Friday. Vanguard Mega Cap Growth ETF has a twelve month low of $218.10 and a twelve month high of $330.36. The stock has a 50 day moving average of $308.57 and a 200 day moving average of $299.33. The stock has a market cap of $21.14 billion, a P/E ratio of 42.92 and a beta of 1.28.

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.