Cherry Creek Investment Advisors Inc. Sells 137 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Cherry Creek Investment Advisors Inc. trimmed its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 2.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,307 shares of the company’s stock after selling 137 shares during the quarter. Vanguard Mega Cap Growth ETF accounts for 1.1% of Cherry Creek Investment Advisors Inc.’s portfolio, making the stock its 24th biggest holding. Cherry Creek Investment Advisors Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $2,166,000 as of its most recent filing with the Securities and Exchange Commission.

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

Vanguard Mega Cap Growth ETF Stock Down 2.8 %

Shares of MGK opened at $343.85 on Tuesday. Vanguard Mega Cap Growth ETF has a twelve month low of $265.99 and a twelve month high of $358.61. The company has a market capitalization of $22.76 billion, a P/E ratio of 42.92 and a beta of 1.28. The firm has a 50 day moving average of $346.64 and a 200 day moving average of $327.38.

About Vanguard Mega Cap Growth ETF

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.