JPMorgan Chase & Co. Has $19.53 Million Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

JPMorgan Chase & Co. lessened its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 9.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 60,655 shares of the company’s stock after selling 6,164 shares during the period. JPMorgan Chase & Co. owned about 0.09% of Vanguard Mega Cap Growth ETF worth $19,528,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Peterson Financial Group Inc. purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the 3rd quarter worth about $33,000. Copley Financial Group Inc. acquired a new position in Vanguard Mega Cap Growth ETF in the third quarter worth approximately $33,000. Bfsg LLC lifted its stake in Vanguard Mega Cap Growth ETF by 386.7% in the third quarter. Bfsg LLC now owns 146 shares of the company’s stock valued at $47,000 after acquiring an additional 116 shares during the last quarter. Massmutual Trust Co. FSB ADV acquired a new stake in Vanguard Mega Cap Growth ETF in the third quarter valued at approximately $48,000. Finally, Valley National Advisers Inc. bought a new stake in Vanguard Mega Cap Growth ETF in the third quarter worth approximately $55,000.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK stock opened at $345.62 on Friday. The stock’s 50 day simple moving average is $343.70 and its 200 day simple moving average is $325.15. Vanguard Mega Cap Growth ETF has a twelve month low of $255.12 and a twelve month high of $358.61. The company has a market capitalization of $22.88 billion, a price-to-earnings 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.