Fairscale Capital LLC Buys Shares of 614 Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Fairscale Capital LLC bought a new stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 614 shares of the company’s stock, valued at approximately $199,000.

Several other institutional investors have also recently bought and sold shares of the company. WealthTrust Asset Management LLC lifted its stake in Vanguard Mega Cap Growth ETF by 190.7% in the 2nd quarter. WealthTrust Asset Management LLC now owns 5,768 shares of the company’s stock valued at $1,812,000 after acquiring an additional 3,784 shares in the last quarter. Etfidea LLC lifted its stake in Vanguard Mega Cap Growth ETF by 4.3% in the 2nd quarter. Etfidea LLC now owns 8,018 shares of the company’s stock valued at $2,519,000 after acquiring an additional 332 shares in the last quarter. Clifford Group LLC lifted its stake in Vanguard Mega Cap Growth ETF by 98.6% in the 2nd quarter. Clifford Group LLC now owns 27,279 shares of the company’s stock valued at $8,571,000 after acquiring an additional 13,542 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its stake in Vanguard Mega Cap Growth ETF by 91.4% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 2,457 shares of the company’s stock valued at $772,000 after acquiring an additional 1,173 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its stake in Vanguard Mega Cap Growth ETF by 37.7% in the 2nd quarter. Renaissance Technologies LLC now owns 9,500 shares of the company’s stock valued at $2,985,000 after acquiring an additional 2,601 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

NYSEARCA MGK opened at $319.32 on Friday. The stock has a market capitalization of $21.14 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. The stock’s 50 day moving average price is $308.57 and its two-hundred day moving average price is $299.33. Vanguard Mega Cap Growth ETF has a 52 week low of $218.10 and a 52 week high of $330.36.

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.