Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Sees Unusually-High Trading Volume

Vanguard Mega Cap Growth ETF (NYSEARCA:MGKGet Free Report) saw unusually-high trading volume on Monday . Approximately 341,117 shares traded hands during mid-day trading, an increase of 5% from the previous session’s volume of 325,959 shares.The stock last traded at $284.77 and had previously closed at $295.85.

Vanguard Mega Cap Growth ETF Stock Down 1.0 %

The stock has a market cap of $18.93 billion, a PE ratio of 42.92 and a beta of 1.28. The stock has a fifty day moving average of $310.41 and a 200-day moving average of $292.05.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MGK. Mather Group LLC. increased its holdings in shares of Vanguard Mega Cap Growth ETF by 69.9% in the 1st quarter. Mather Group LLC. now owns 2,791 shares of the company’s stock worth $800,000 after acquiring an additional 1,148 shares during the period. Perigon Wealth Management LLC bought a new position in Vanguard Mega Cap Growth ETF during the fourth quarter valued at about $201,000. Great Valley Advisor Group Inc. raised its position in Vanguard Mega Cap Growth ETF by 12.4% in the fourth quarter. Great Valley Advisor Group Inc. now owns 1,737 shares of the company’s stock worth $451,000 after acquiring an additional 192 shares in the last quarter. Quantum Capital Management LLC NJ acquired a new position in shares of Vanguard Mega Cap Growth ETF in the 4th quarter worth approximately $3,473,000. Finally, WNY Asset Management LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 2.7% during the fourth quarter. WNY Asset Management LLC now owns 23,448 shares of the company’s stock worth $6,085,000 after purchasing an additional 627 shares during the period.

About Vanguard Mega Cap Growth ETF

(Get Free Report)

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.

Further Reading

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