Mercer Global Advisors Inc. ADV Sells 566 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Mercer Global Advisors Inc. ADV lowered its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 6.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,993 shares of the company’s stock after selling 566 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Vanguard Mega Cap Growth ETF were worth $2,512,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Angeles Investment Advisors LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 105.4% during the second quarter. Angeles Investment Advisors LLC now owns 887,190 shares of the company’s stock valued at $278,764,000 after buying an additional 455,250 shares during the period. Prime Capital Investment Advisors LLC lifted its position in Vanguard Mega Cap Growth ETF by 4,572.4% during the 2nd quarter. Prime Capital Investment Advisors LLC now owns 295,760 shares of the company’s stock valued at $92,931,000 after acquiring an additional 289,430 shares during the period. Facet Wealth Inc. bought a new stake in Vanguard Mega Cap Growth ETF during the first quarter worth about $70,804,000. Coco Enterprises LLC purchased a new stake in Vanguard Mega Cap Growth ETF in the fourth quarter worth about $30,252,000. Finally, Simplex Trading LLC increased its stake in shares of Vanguard Mega Cap Growth ETF by 103.3% during the first quarter. Simplex Trading LLC now owns 2,911 shares of the company’s stock valued at $834,000 after purchasing an additional 91,489 shares in the last quarter.

Vanguard Mega Cap Growth ETF Trading Up 0.2 %

NYSEARCA MGK opened at $319.92 on Tuesday. Vanguard Mega Cap Growth ETF has a 12 month low of $218.10 and a 12 month high of $330.36. The stock’s fifty day moving average price is $308.47 and its 200-day moving average price is $299.69. The stock has a market cap of $21.18 billion, a P/E ratio of 42.92 and a beta of 1.28.

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.