Jericho Financial LLP Takes Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Jericho Financial LLP purchased a new position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 4th quarter, Holdings Channel.com reports. The firm purchased 680 shares of the company’s stock, valued at approximately $233,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Captrust Financial Advisors raised its holdings in shares of Vanguard Mega Cap Growth ETF by 756.3% in the 3rd quarter. Captrust Financial Advisors now owns 1,594,858 shares of the company’s stock worth $513,465,000 after buying an additional 1,408,609 shares in the last quarter. World Investment Advisors LLC grew its position in Vanguard Mega Cap Growth ETF by 36,249.8% in the third quarter. World Investment Advisors LLC now owns 634,667 shares of the company’s stock valued at $204,331,000 after acquiring an additional 632,921 shares during the period. Assetmark Inc. raised its stake in Vanguard Mega Cap Growth ETF by 3.8% during the third quarter. Assetmark Inc. now owns 7,453,268 shares of the company’s stock worth $2,399,580,000 after acquiring an additional 271,905 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 32,115.7% during the third quarter. International Assets Investment Management LLC now owns 129,185 shares of the company’s stock valued at $41,591,000 after acquiring an additional 128,784 shares during the period. Finally, RFP Financial Group LLC boosted its stake in shares of Vanguard Mega Cap Growth ETF by 592.1% in the 3rd quarter. RFP Financial Group LLC now owns 119,122 shares of the company’s stock valued at $38,351,000 after purchasing an additional 101,910 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Up 1.3 %

Shares of Vanguard Mega Cap Growth ETF stock opened at $349.33 on Wednesday. Vanguard Mega Cap Growth ETF has a 12-month low of $266.99 and a 12-month high of $358.61. The stock has a market capitalization of $23.12 billion, a P/E ratio of 42.92 and a beta of 1.28. The company has a 50-day simple moving average of $348.15 and a 200 day simple moving average of $328.64.

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.